The following table shows the demand for water and cost conditions for the New South Springdale Water Utility, a pure monopoly Complete the table.   Quantity Price Total Marginal Marginal Average (gallons) (per gallon) Revenue Revenue Costs Total Costs Profit 100 $1.28 ________ ________ $0.15 $1.252 ________ 101 $1.27 ________ ________ $0.18 $1.241 ________ 102 $1.26 ________ ________ $0.21 $1.231 ________ 103 $1.25 ________ ________ $0.23 $1.221 ________ 104 $1.24 ________ ________ $0.26 $1.212

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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  1. The following table shows the demand for water and cost conditions for the New South Springdale Water Utility, a pure monopoly
  1. Complete the table.

 

Quantity Price Total Marginal Marginal Average
(gallons) (per gallon) Revenue Revenue Costs Total Costs Profit
100 $1.28 ________ ________ $0.15 $1.252 ________

101 $1.27 ________ ________ $0.18 $1.241 ________

102 $1.26 ________ ________ $0.21 $1.231 ________

103 $1.25 ________ ________ $0.23 $1.221 ________

104 $1.24 ________ ________ $0.26 $1.212 ________



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