1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AURORKA [14]
3 years ago
9

Refer to the demand schedule below.

Business
2 answers:
Nesterboy [21]3 years ago
6 0

Answer:

Explanation:

Demand can be defined as the total quantity of a particular commodity which a consumer is willing and able to buy at a particular price and a particular time.

A demand schedule is a tabular representation of the total quantity of a particular commodity which a consumer is willing and able to buy at a particular price and a particular time.

Below is an attachment showing the tabular representation and the solution to requirement A

In the first Attachment all that was done was to use the values from the question to get our requirements Total revenue was gotten by (Price * Quantity)

Marginal Revenue was gotten by finding the Change in Total Revenue divided by Change in Quantity

So also a tabular representation of B

All that is required to plot the graph is to match the values gotten to the Y axis which represents revenue and X axis which represents quantity and connect the lines together.

Morgarella [4.7K]3 years ago
5 0

Answer:

\left[\begin{array}{cccc}Q&P&$Total revenue&$Marginal Revenue\\1&7&7&7\\2&6.5&13&6\\3&6&18&5\\4&5.5&22&4\\5&5&25&3\\6&4.5&27&2\\7&4&28&1\\8&3.5&28&0\\9&3&27&-1\\\end{array}\right]

Attached graph

Explanation:

Marignal revenue is the additional revenu generate per unit.

While Total revenue is the total amount (P x Q generated)

You might be interested in
What is a business idea?
mart [117]

A business idea is an idea that one or more people come up with to start a business. The idea will state what the business is, how they think it should be run and what their customer base will be. After a business idea is planned the developer typically develops a marketing plan and from there they try and receive funding or get approval for their business idea.

3 0
3 years ago
Read 2 more answers
During which phase of the data analysis process does the fraud examiner identify, obtain, and verify the relevant or requested d
PIT_PIT [208]

Answer: The preparation phase

Explanation:

The preparation phase of data analysis is a phase where the Data analyst examines the information he got in order to carry out his or her job properly. One if the test he carries out that period is Duplicate testing, it is used to identify transactions with duplicate values in specified fields. It can quickly review files

5 0
2 years ago
Amazon.com and barnes and noble are in the same industry, but their primary difference can be defined as two companies that have
Alenkinab [10]
<span>their primary difference can be defined as two companies that have different : business models Amazon provide a medium so other sellers could sell their books through their sites. This way, they won't need any space for their house cause they sell other's product. Meanwhile, barnes and nobles is a book retailer, which means they produce and put their own books to the stores.</span>
6 0
3 years ago
Splish Company provides the following information about its defined benefit pension plan for the year 2017. Service cost $110,00
kipiarov [429]

Answer: $155,520

Explanation:

Pension Expense = Service Cost - Expected return on plan assets + Prior service cost amortization + Interest cost

Interest Cost

= Interest rate * Projected benefit obligation

= 0.09 * 728,000

= $65,520

Pension Expense = 110,000 - 30,000 + 10,000 + 65,520

= $155,520

3 0
3 years ago
What is 450x12 PLZ HELP ME I NEED HELP
bulgar [2K]

Answer:

5400

quick and easy  thank u

6 0
2 years ago
Other questions:
  • In a "firm commitment," the investment banker a. Buys the stock from the company and resells the issue to the public. b. Agrees
    9·1 answer
  • Buying a new leather belt for which of these reasons is most likely a sound financial decision?
    6·2 answers
  • Frances had a wonderful product, but her salesforce frequently argued over sales tactics and territories. Conflicts arose over i
    11·1 answer
  • The specific collection of values, norms, beliefs, and attitudes shared by people and groups in a company is commonly referred t
    11·1 answer
  • Storm Concert Promotions Valle Home Builders
    13·1 answer
  • Paloma Co. Stars has four employees. FICA Social Security taxes are 6.2% of the first $113,700 paid to each employee, and FICA M
    7·1 answer
  • Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 36 cents per mil
    8·1 answer
  • For anything to be considered money it must be Group of answer choices either a commodity or a token, as long as it is generally
    5·1 answer
  • A manager states that his process is really working well. Out of the 300,000 parts produced last week, inspections identified 15
    11·1 answer
  • You are a business information expert and have been hired by the independent bookstore, Alexandria, to increase profits and effi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!