When the price of a glass of lemonade at a lemonade stand was $1.75,400 glasses were sold.When the price was lowered to $1.50,500 glasses were sold.Assume that the demand function is linear and that the marginal and fixed costs are $0.10 and $ 25,respectively.Find the marginal profit when 300 glasses of lemonade are sold and when 700 glasses of lemonade are sold.
A) ,
B) ,
C) ,
D) ,
E) ,

Question

When the price of a glass of lemonade at a lemonade stand was $1.75,400 glasses were sold.When the price was lowered to $1.50,500 glasses were sold.Assume that the demand function is linear and that the marginal and fixed costs are $0.10 and $ 25,respectively.Find the marginal profit when 300 glasses of lemonade are sold and when 700 glasses of lemonade are sold. ​
A) ​ , 
B) ​ , 
C) ​ , 
D) ​ , 
E) ​​ ,

Quizplus · Accepted Answer

The Answer of When the price of a glass of lemonade at a lemonade stand was $1.75,400 glasses were sold.When the price was lowered to $1.50,500 glasses were sold.Assume that the demand function is linear and that the marginal and fixed costs are $0.10 and $ 25,respectively.Find the marginal profit when 300 glasses of lemonade are sold and when 700 glasses of lemonade are sold. ​
A) ​ , 
B) ​ , 
C) ​ , 
D) ​ , 
E) ​​ ,

When the Price of a Glass of Lemonade at a Lemonade