Scenario: Mr

question 231

Multiple Choice

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

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Definitions:

Vocabulary

The set of words known and used by a person in a particular language.

Communication

The process of transferring information from one entity to another through various means, including verbal, non-verbal, written, and digital forms.

Rudimentary Sense

A basic or undeveloped form of sensing or understanding something.

Summing Ability

The capacity to add together various quantities or figures.