PROBLEM SET 10 1. A publisher faces the following demand schedule for the next novel of one of its popular autors. Drawnstrips reader. Price Quantity demanded Total Revenue Total Cost Profit Marginal Revenue 100 0 0 2 -2 9 90 100,000 9 3 6 7 80 200,000 16 4 12 5 70 300,000 21 5 16 3 60 400,000 24 6 18 1 50 500,000 25 7 18 -1 40 600,000 24 8 16 -3 30 700,000 21 9 12 -5.
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