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- 1. Explain the decisions taken for an individual product.SOLVE STEP BY STEP DONT USE CHATGPT In a market, a supply and demand table is presented for a product. Assume that your relationship is linear Price in dollars (P) 300 350 400 450 Quantity (Q) Weekly Offered (O) 1000 2000 3000 4000 Quantity (Q) Weekly Respondent (D) 3000 2500 2000 1000 Find the linear supply and demand functions for this product Find the market equilibrium pointNeed help with calculating the total revenue and graphing. It's the questions with a red star next to them. Thanks in advance!
- Give typing answer with explanation and conclusion 1.Sara knits 20 scarves and sells them for $25 each. What is her total revenue? $50 $250 $45 $500Please help with the calculation for total revenue in part C please show how was calcualted thankyou(1) Are there any major sales revenue as well as side revenue that can be earned in the business? write one page
- Solve for Question (C) How to Maximize RevenueV2 What are the factors that will affect the total revenue?justify your answer6. Elasticity and total revenue I The following graph shows the daily demand curve for bippitybops in Vancouver. On the following graph, use the green rectangle (triangle symbols) to shade the area representing total revenue at various prices along the demand curve. Notice that when you click on the rectangle, the area is displayed. Note: You will not be scored on any changes made to this graph. PRICE (Dollars per bippitybop) 240 220 200 180 160 140 120 100 80 60 40 20 0 0 6 12 ** + 48 B 18 24 30 36 QUANTITY (Bippitybops per day) Demand 54 80 72 Total Revenue ?
- One of South Africa’s cellphone operators, Cell C, is changing their overall business strategy.The focus is now on providing customers with “affordable and accessible services." To do thisthey need your economic expertise.They know that when price for premium services increases from R2/minute to R2.2/minute thedemand for their services falls from 12 customers to 10 customers. Question: What recommendations can you make to increase total revenue?How do we measure the Profit Margin on Sales?Español The pie chart below shows the percentage of total revenue that a publisher receives from various types of publications. Use this chart to answer the questions below. (a) Which category accounts for approximately one-fifth of the publisher's total revenue? Select One (b) Approximately what percentage of the total revenue comes from Magazines and Paperbacks combined? Textbooks Cookbooks Write your answer as a multiple of 10% - that is, 10%, 20%, 30%, Nonfiction Рoetry Magazines (c) If the revenue from Cookbooks is 20% of the total revenue, approximately what percentage of the total revenue comes from Poetry? Paperbacks 10% 20% 40% 50%
