Refer to Figure 6-1 What is total revenue for Dough!, given that it maximizes profits? (Write just the number, not $)

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Question 12
Refer to Figure 6-1
What is total revenue for Dough!, given that it maximizes profits? (Write just the number, not $)
Transcribed Image Text:Question 12 Refer to Figure 6-1 What is total revenue for Dough!, given that it maximizes profits? (Write just the number, not $)
Figure 6-1: The diagram below depicts the market situation for a monopoly bread shop called Dough!.
Price 24
22
20
MC
18
ATC
16
14
AVC
12
10
8.
6.
2
MR
20
40
60
80
100
120
140
Quantity
Transcribed Image Text:Figure 6-1: The diagram below depicts the market situation for a monopoly bread shop called Dough!. Price 24 22 20 MC 18 ATC 16 14 AVC 12 10 8. 6. 2 MR 20 40 60 80 100 120 140 Quantity
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