Blue Nile is an online retailer of diamonds that has used responsive transportation to ship diamonds to customers in the United
1 answer:
You might be interested in
Answer: $25
Explanation:
Total revenue, at price = $50
Total revenue = price × units sold
= $50 × 0
= 0
Total revenue, at price = $45
Total revenue = price × units sold
= $45 × 1
= $45
Total revenue, at price = $40
Total revenue = price × units sold
= $40 × 2
= $80
Total revenue, at price = $35
Total revenue = price × units sold
= $35 × 3
= $105
Marginal revenue of third unit =
=
= $25