Answer:
The change in the revenue is $100,000
Explanation:
The quantity when the price is $1.50 is 60,000(1.50)-10,000=80,000. The revenue when the price for the price of $1.50 is 1.50*80,000 = 120,0000.
Now for the new price of $2.00, the quantity is 60,000(2)-10,000=110,000, and the revenue is 2*110,000=220.000.
With the revenues from when the price is $1.50 and $2.00, the change is the diference $220,000-$120,000=$100,000.
When the price increases from $1.50 to $2.00 the revenue increases $100.000
