Question
what is the revenue earned at this combination of products if rice is $3,150, $3,000, $2,600, $2,100, $1,500, $500 and $0, and the frog is
what is the revenue earned at this combination of products if rice is $3,150, $3,000, $2,600, $2,100, $1,500, $500 and $0, and the frog is $0, $80, $180, $300, $420, $500 and $520? What is the revenue maximizing combination of products if the price of rice changed to $10 per pound?
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Fundamentals of Managerial Economics
Authors: Mark Hirschey
9th edition
324584830, 978-0324588781, 032458878X, 978-0324584837
