Complete the chart
Questions 1. The Gulf Sea Turtle Conservation Group (GSTCG), a non-profit group of volunteers working to collect data on nesting sea turtles and to promote sea turtle conservation, is considering creating a video to educate people about sea turtle conservation. The cost of duplicating the video on a DVD and mailing the DVD to anyone is $5.56. In a GSTCG member meeting, the video plan was discussed. The first two columns of Table 1 show the expected demand for the DVD at different suggested donation levels, and they can act as a single-price monopolist if they choose to. The receipts will be used to fund GSTCG supplies for their data collection and conservation work. At the end of each sea turtle nesting season, any excess funds are donated by the GSTCG to a local non-profit sea turtle research and rehabilitation facility. a. Complete Table 1 by computing the Total Revenue, Marginal Revenue, Total Cost, and Profit columns, each rounded to two decimal places. The cost of duplicating a video on a DVD and mailing the DVD, the Marginal Cost, is $5.56. (1 point) Table 1 Anticipated Suggested Number of DVD Total Marginal Donatlon per Requests Revenue Revenue Total Cost Profit DVD Request $19.00 0 $0.00 20 b. The president wants the GSTCG to provide videos to generate the most possible donations (Total Revenue]. What price is the president of the GSTCG favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answer. c. The Education Outreach Committee wants the GSTCG to provide videos to the most possible number of people. What price is the Educational Outreach Committee favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answer. d. The treasurer of the GSTCG wants the DVD program to be as efficient as possible so that the marginal revenue equals marginal cost. What price is the treasurer favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answer. e. The Fundraising Committee wants the DVD program to generate as much profit in donations as possible. What price is the Fundraising Committee favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your