Respuesta :
Filling the total revenue, average revenue, and marginal revenue table for Dani is as follows:
Quantity Total revenue ($) Average revenue Marginal revenue
of roses
1 $8.00 $8.00 $8.00
2 $16.00 $8.00 $8.00
3 $24.00 $8.00 $8.00
4 $32.00 $8.00 $8.00
5 $40.00 $8.00 $8.00
How to calculate the different revenues?
- Total revenue = Quantity x Sales Price
- Average revenue = Total revenue/Quantity
- Marginal revenue = Difference between Initial Revenue and Current Revenue
Data and Calculations:
Quantity Total revenue ($) Average revenue Marginal revenue
of roses
1
2
3
4
5
Price per rose = $8
Thus, when Dani sells 5 units of roses, he will get a total revenue of $40, though the marginal and average revenues remain at $8, respectively.
Learn more about marginal and average revenues at https://brainly.com/question/25623677