Solved

When the Price of Profiteroles Decreases from $1

Question 122

Multiple Choice

When the price of profiteroles decreases from $1.10 to $0.95, the quantity demanded of profiteroles increases from 190 pastries to 215 pastries. If the price is $1.10, total revenue is _____, and if the price is $0.95, total revenue is _____.


A) $209; $204.25
B) $209; $236.50
C) $236.50; $209
D) $180.50; $209

Correct Answer:

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