When a cable TV company charges its customers $72 per month, it gets 2,000 customers. And when it lowers its price to $68, the number of its customers increases to 2,400. What is the company's marginal revenue from adding the 2,200th customer? $ A/

When a cable TV company charges its customers $72 per month, it gets 2,000 customers. And when it lowers its price to $68, the number of its customers increases to 2,400. What is the company's marginal revenue from adding the 2,200th customer? $ A/

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter7: Market Efficiency And Welfare

Section: Chapter Questions

Problem 8P

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Question

M12

When a cable TV company charges its customers $72 per month, it gets 2,000
customers. And when it lowers its price to $68, the number of its customers
increases to 2,400. What is the company's marginal revenue from adding the
2,200th customer?
$
A

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