{"id":124348,"date":"2022-01-26T09:19:16","date_gmt":"2022-01-26T09:19:16","guid":{"rendered":"https:\/\/essayparlour.com\/custom-essays\/?p=124348"},"modified":"2022-01-26T09:19:16","modified_gmt":"2022-01-26T09:19:16","slug":"sally-sells-seashells-by-the-seashore-when-sally-prices-her","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/custom-essays\/business-economics-2\/sally-sells-seashells-by-the-seashore-when-sally-prices-her\/","title":{"rendered":"Sally sells seashells by the seashore. When Sally prices her"},"content":{"rendered":"<table style = 'table-striped table-bordered table-hover' responsive='true'>\n<tr>\n<th>Question<\/th>\n<\/tr>\n<tr>\n<td>Sally sells seashells by the seashore. When Sally prices her shells at $7 each, she sells 5 shells every day. When she prices her shells at $6, she sells 6.<br \/>\n a. What is Sally&#8217;s total revenue when she chooses to sell 5 shells (by pricing at $7)?<br \/>\n b. What is Sally&#8217;s total revenue when she chooses to sell 6 shells (by pricing at $6)?<br \/>\n c. What is the marginal revenue Sally receives from deciding to sell a 6th shell?<br \/>\n d. The 6th shell sells for a price of $6. Why is the marginal revenue from selling a 6th shell so much lower than $6?<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Question<\/p>\n<p>\nSally sells seashells by the seashore. When Sally prices her shells at $7 each, she sells 5 shells every day. When she prices her shells at $6, she sells 6.<br \/>\n a. What is Sally&#8217;s total revenue when she chooses <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-124348","post","type-post","status-publish","format-standard","hentry","category-business-economics-2"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts\/124348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/comments?post=124348"}],"version-history":[{"count":1,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts\/124348\/revisions"}],"predecessor-version":[{"id":124349,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts\/124348\/revisions\/124349"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/media?parent=124348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/categories?post=124348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/tags?post=124348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}