micro economic

Qphstiun 15 2.5 points Save Answer Imagine a small town in a remote area where dnlytwo residents. Maria and Miguel. DWI'I dairies that produce milk that is safe to drink. Each week Maria and Miguel work together to decide how many gallons of milkto produce. Theyr bring milk to town and sell it at whatever price the market will bear. To keep things simple, suppose that Maria and Miguel can produce as much milk as they want without cost so that the marginal cost is zero. The weekly town demand schedule and total revenue schedule for milk is shown in the table below: Quantity T0121 Revenue (in gallons) Price (ammrrot) D $24 $0 1 $22 $92 2 $20 $40 3 $1 B $54 4 $16 $64 5 $14 $70 6 $12 $72 7 $10 $70 8 $8 $64 9 $6 $54 1 0 $4 $40