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Quantity 3 16 10 O 14 40 164 Price 112 35 29 23 17 Total Revenue 35 64 120 99 80 Average Revenue 32 11

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Quantity 3 16 10 O 14 40 164 Price 112 35 29 23 17 Total Revenue 35 64 120 99 80 Average Revenue 32 11 8 Marginal Revenue 29 17 11 Refer to Table 15 1 If the monopolist sells 8 units of its product how much total revenue will it receive from the sa S 1 S 7 S 13

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