1.4 Production, costs and revenue

Price per bag	Quantity demanded (bags per day)
£32	11
£30	12
£27	13

Using the data in Table 1, what is the marginal revenue of the 13th bag of specialty coffee sold?

$−£9-\pounds 9$

$−£3-\pounds 3$

$£27\pounds 27$

$£8\pounds 8$

Price per bag	Quantity demanded (bags per day)
£32	11
£30	12
£27	13

Using the data in Table 1, what is the marginal revenue of the 13th bag of specialty coffee sold?

$−£9-\pounds 9$

$−£3-\pounds 3$

$£27\pounds 27$

$£8\pounds 8$

1.4 Production, costs and revenue Questions