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Answer questions 9 and 10 based on the following data: TR = 300Q - 4Q 2 . Assume that Q = 10 9.What is the
Answer questions 9 and 10 based on the following data:
TR = 300Q - 4Q2. Assume that Q = 10
9.What is the value of the Total Income (TR)?
a. $2000
b. $2600
c. $2960
d. $3000
10.What is the average income (AR)?
a. $260
b. $560
c. $360
d. $2600
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