Table 16-2 Neem Products Sells Its Ayurvedic Neem Toothpaste in Two Completely

question 50

Multiple Choice

Table 16-2

Neem Products sells its Ayurvedic Neem toothpaste in two completely isolated markets with demand schedules as shown in Table 16-2. The average cost of production is constant at $2 per tube.
-Refer to Table 16-2.What is the total revenue received from both markets combined?

• A)$30
• B)$34
• C)$68
• D)$70

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Mature Industry

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Capital Budget

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