The attached graph shows the required curves to be drawn. One of the curves is called the Marginal Revenue Curve.
<h3>What is a marginal revenue curve?</h3>
At the market price, the marginal revenue curve is a horizontal line, suggesting completely elastic demand, and it is equal to the demand curve.
Monopoly occurs when one corporation is the exclusive vendor of a distinct product in the market.
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Full Question:
The graph shows the market for smart rackets.
Suppose the profit-maximizing output is 160,000 smart rackets.
Draw the firm's marginal revenue curve. Label it MR.
Draw the firm's marginal cost curve. Label it MC.
Draw a point at the profit-maximizing output and price.
Draw a shape to show the firm's economic profit. Label it.
<span>The Aspire test is taken by students in: third through tenth grade.</span>
The length of the base of the isosceles triangle is: 27 units long.
<h3>What is an isosceles Triangle?</h3>
A triangle with two equal legs and a base is called an isosceles triangle.
Thus:
Let x represent the length of each of the equal legs of the isosceles triangle.
Therefore:
The length of the base = 1 1/2(x) = 1.5x units
Perimeter = 63
Therefore:
x + x + 1.5x = 63
3.5x = 63
x = 63/3.5
x = 18
The length of the base = 1.5x units
Plug in the value of x
The length of the base = 1.5(18) = 27 units
Therefore, the length of the base of the isosceles triangle is: 27 units long.
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Answer:
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It might be tuitions or grants.
