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- The following graph shows the daily demand curve for bippitybops in Denver. 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. PRICE (Dollars per bippitybop) 240 220 200 180 160 140 120 100 80 8 60 40 20 0 mớ H + 0 9 18 27 36 45 54 63 72 81 QUANTITY (Bippitybops per day) * Demand 90 B 99 108 Total Revenue (?)2. The relationship between price and demand per month for a consumer product is p = 3500 -1.1D5 where p is the price per unit in dollars and D is the demand in units. The fixed cost is $300 per month and the variable cost is $4.00 per unit. What is the optimal number of units that should be produced and sold per month? a. b. What is the maximum profit per month?The following graph illustrates the weekly demand curve for motorized scooters in Roanoke. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. PRICE (Dollars per scooter) 260 240 220 200 180 160 140 120 100 80 60 40 20 0 0 9 18 27 A X B Demand 36 45 54 63 72 81 QUANTITY (Scooters) 90 99 108 117 Total Revenue ?
- Choco Lovers Cost and Revenue Quantity of Gift Boxes TC ($) АTC (S) MC ($) 5 55.00 11.00 1.00 10 57.50 5.75 15 4.17 1.00 20 72.50 2.00 25 92.50 3.70 4.00 30 122.50 4.08 6.00 Assume the profit-maximizing price is $4 per gift box, and then answer the following questions: a. Profit-maximizing quantity = gift boxes b. Total revenue = $ c. Profit = $ d. Profit per unit = $ per gift box8. A publisher plans to sell 200,000 copies of textbook in a year. If it costs $3750 to set up a printing, $3 to print a book and $600 to store 1000 books for a year, what size printing runs will minimize the publisher's cost?Price (dollars) A 20 15 10 B D 50 100 150 200 250 Quantity (units) In the figure above, what is the total revenue at point A? A) $150 OB) $20 O C) $2000 O D) $3,000
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