An apple grower charges 22 for a 40-pound crate of apple if


An apple grower charges $22 for a 40-pound crate of apple. If customers buy more than 5 crates, he reduces the price by $2 per additional crate. What number of crate per customer maximizes the grower's revenue per customer? What is the revenue maximizing price?

Solution Preview :

Prepared by a verified Expert
Microeconomics: An apple grower charges 22 for a 40-pound crate of apple if
Reference No:- TGS01162899

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)