question archive Fernando has a monopoly on sales of pizzas in the small town of North Key Largo, Florida
Fernando has a monopoly on sales of pizzas in the small town of North Key Largo, Florida
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Fernando has a monopoly on sales of pizzas in the small town of North Key Largo, Florida.
Use the following information on the demand for Fernando's pizzas to answer the question:
| Price | Quantity Demanded |
| $30 | 0 |
| 25 | 1 |
| 20 | 2 |
| 15 | 3 |
| 10 | 4 |
| 5 | 5 |
| 0 | 6 |
If Fernando is able to engage in perfect price discrimination, his total revenue for 3 units will be $_____. The marginal revenue of the third unit is $_____.
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