Solved

Scenario: Mr

Question 88

Multiple Choice

Scenario: Mr. Olivander has a monopoly on supplying magic wands. The table below shows the demand schedule for magic wands per day.
Scenario: Mr. Olivander has a monopoly on supplying magic wands. The table below shows the demand schedule for magic wands per day.    -Refer to the scenario above.What is Mr.Olivander's total revenue when he charges a price of $65 for his wands? A)  $65 B)  $130 C)  $30 D)  $170
-Refer to the scenario above.What is Mr.Olivander's total revenue when he charges a price of $65 for his wands?


A) $65
B) $130
C) $30
D) $170

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents