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Need help with the following attachment. Please show work. 3. Andrea's Day Spa began to offer...
Price $25.00 $24.00 $23.00 $22.50 $22.00 321.60 $21.20 QUanity TC $130 $275 $435 I$610 800 $1,005 $1,225 10 20 30 40 50 60 Andrea's Day Spa began to offer a relaxing aromatherapy treatment. The firm asks you how much to charge to maximize profits. The demand curve for the treatments is given by the first two columns in the following table; its total costs are given in the third column. For output level of 20, calculate total revenue, marginal revenue,...
Andrea’s Day Spa began to offer a relaxing aromatherapy treatment. The firm asks you how much to charge to maximize profits. The demand curve for the treatments is given by the first two columns in the following table; its total costs are given in the third column. Answer the following questions accordingly (Q15-Q18). Price Quantity TC $25.00 0 $100 $24.00 10 $250 $23.00 20 $420 $22.00 30 $600 $21.00 40 $780 $20.00 50 $970 $19.00 60 $1,170 15) Total fixed...