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uantity Sold Price Total Revenue Marginal Revenue Total Cost Marginal Cost Profit 0 $10 $0 ----- $2 ----- -$2 1 9 9 8 2 8
uantity Sold Price Total Revenue Marginal Revenue Total Cost Marginal Cost Profit 0 $10 $0 ----- $2 ----- -$2 1 9 9 8 2 8 16 13 3 7 21 17 4 6 24 20 5 5 25 22 6 4 24 26 Table 13-4 lists estimated revenues and costs (per week) for plastic vials (100 vials per box) for the Victoria Biological Supplies Company. Victoria sells plastic vials to universities and private research laboratories. Refer to Table 13-4. Victoria's profit-maximizing quantity (Q) and price (P) are Question 9 options: Q = 4; P = $6. Q = 5; P = $5. Q = 6; P = $4. Q = 3; P = $7
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