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Question 35 (1.25 points) Price Quantity Total Revenue Ed Characteristic $80 0 $70 50 $60 100 $50 150 $40 200 $30 250 $20 300 $10
Question 35 (1.25 points) Price Quantity Total Revenue Ed Characteristic $80 0 $70 50 $60 100 $50 150 $40 200 $30 250 $20 300 $10 350 what is the value for total revenue when our price is $10? A/ Question 36 (2 points) Price Quantity Total Revenue Ed Characteristic $80 0 $70 50 $60 100 $50 150 $40 200 $30 250 $20 300 $10 350 Using the midpoint formula, what is the Ed when the price changes from $80 to $70? A/ Is the price change from $80 to $70 elastic, inelastic, or unitary? Question 37 (2 points)
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