Answer:
Point C
Step-by-step explanation:
In order to determine the price point that will provide the most revenue, you could multiply the price per taco by its corresponding quantity demanded:
A) $3.00 × 2 tacos demanded = $6
B) $2.50 × 4 tacos demanded = $10
C) $2.00 × 7 tacos demanded = $14
D) $1.50 × 8 tacos demanded = $12
E) $1.00 × 12 tacos demanded = $12
Of all the given values, it turns out that at Point C, where price per taco is $2, and the quantity demanded for that price is 7, provides the most return for Rocco's.
Therefore, the price point that providees the most return is $2.
