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Suppose the demand curve is given by p(q) = 120 - 2q. To sell 20 units the firm should charge a price of $ .

Suppose the demand curve is given by p(q) = 120 - 2q.

To sell 20 units the firm should charge a price of $ .

When the firm sells the 20 units they will earn revenue of $ .

To sell 21 units the firm should charge a price of $ .

When the firm sells the 21 units they will earn revenue of $ .

The additional revenue earned from selling unit 21 was $ .

Enter whole numbers in each blank.

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