The monopolist Mr. Pop It Right is considering whether if is worthwhlle producing an additional...
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The monopolist Mr. Pop It Right is considering whether if is worthwhlle producing an additional 50 units per day of his large bags of popcom. Doing so would cost him an additional \\( \\$ 58 \\) in total. He is currently selling 50 bags per day at \\( \\$ 4.00 \\) each in order to sell the additional 50 bags every day, howevec, he would have to lower his price to \\( \\$ 3.00 \\). What do you recommend? Round your answers to one docimal place. Previous total revenue: New total revenue: Has additional revenue, therefore is which is the additional cost of \\( \\$ 58 \\) so he additional bags
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