Price | Quantity of 100-tablet bottle (millions) |
Total Revenue (millions of dollars) TR = P × Q |
Marginal Revenue per 100- tablet bottles (dollars) MR = ΔTR/ΔQ |
$20 | 0 | $0 | |
$18 | |||
18 | 1 | 18 | |
14 | |||
16 | 2 | 32 | |
10 | |||
14 | 3 | 42 | |
6 | |||
12 | 4 | 48 | |
2 | |||
10 | 5 | 50 | |
−2 | |||
8 | 6 | 48 | |
−6 | |||
6 | 7 | 42 | |
−10 | |||
4 | 8 | 32 | |
−14 | |||
2 | 9 | 18 |