Question: Answer questions 9 and 10 based on the following data: TR = 300Q - 4Q 2 . Assume that Q = 10 9.What is the

Answer questions 9 and 10 based on the following data:

TR = 300Q - 4Q2. Assume that Q = 10

9.What is the value of the Total Income (TR)?

a. $2000

b. $2600

c. $2960

d. $3000

10.What is the average income (AR)?

a. $260

b. $560

c. $360

d. $2600

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