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.
Answer:
Homemade items took longer to create and were not always equal in quality.
Explanation:
took the test
ACTS help you get into a better college depending on how well you do. SATs is a preparation for the acts
Answer: D. Se castiga como un delito.
Explanation:
Attacking someone in aggressive driving situations is considered Road Rage and this is a crime punishable by law as it is done with the intent to harm another person.
It can come in different forms such as physical or verbal assault either of which can be considered harassment. Punishment for such crimes range from paying fines to actually going to jail. It is therefore advisable to simply ignore a reckless driver or rather report them to the relevant authorities than to engage with them.
Answer:
Yes i can give you some
Explanation:
The Big Apple is a nickname given to Washington D.C in 1971.
True or False?
Muddy York is a nickname for New York in the Winter.
Peanuts are not nuts!
People may sneeze or cough while sleeping deeply.
Copyrights depreciate over time
