The following graph shows the daily demand curve for bikes in San Diego. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. Dollars a 10400 1000 9000 8200 PRICE (Dollars per bike) 7400 300 275 250 225 200 175 150 125 100 On the following graph, use the green point (triangle symbel) to piot the annual total revenue when the market price is $50, $75, $100, $125, $150, $175, and $200 per bike. 75 50 25 0 Demand 9 10 20 30 40 50 60 70 80 90 100 110 120 QUANTITY (Bikes) Total Revenue Total Revenue
The following graph shows the daily demand curve for bikes in San Diego. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. Dollars a 10400 1000 9000 8200 PRICE (Dollars per bike) 7400 300 275 250 225 200 175 150 125 100 On the following graph, use the green point (triangle symbel) to piot the annual total revenue when the market price is $50, $75, $100, $125, $150, $175, and $200 per bike. 75 50 25 0 Demand 9 10 20 30 40 50 60 70 80 90 100 110 120 QUANTITY (Bikes) Total Revenue Total Revenue
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter5: Elastic And Its Application
Section: Chapter Questions
Problem 2PA
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