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thxxxxxxxx 4. Mateo's room overlooks a CFL football stadium. He decides to rent a telescope for m W 55011) a week and charge his friends

thxxxxxxxx

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4. Mateo's room overlooks a CFL football stadium. He decides to rent a telescope for m W 55011) a week and charge his friends to use it to peep at the games for 30 seconds. He $1.20 0 can act as a single-price monopolist for renting out \"peeps.\" For each person who takes a LII) 100 30-seoond peep. it costs Mateo $0.20 to clean the eyepiece. This table shows the 0.90 150 information Mateo has gathered about the weekly demand for the service. 0.80 200 0.70 250 0.60 300 0.50 350 0.40 400 0.30 450 a. For P = $0.70, $0.60, and $0.50. calculate the total revenue from selling peeps and the 0.20 500 marginal revenue per peep. 0-10 550

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