The tool that can make chart 1 look like chart 2 is the data labels
<h3>What are Charts?</h3>
Charts are graphical ways of representing data elements.
Charts can be in form of:
From the diagram (see attachment), we can see that:
- Both charts are circle graphs
- The data label of chart 2 is visible, while the data label of chart 1 is not
So, the data label of chart 1 has to be made visible, for the chart to look like chart 2
Hence, the tool that can make chart 1 look like chart 2 is the data labels
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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.
With a typical 52-card deck that has 4 jacks, Margaret is playing a game. The game is initiated by the first player to choose a jack. When choosing first, Margaret's probability of selecting Jack is 1/13.
The same will occur since probability will be determined using the formula necessary outcome divided by total outcome.
Here, the total number of cards in the deck (total outcome) equals 52.
Given that Margaret can select any of the four jacks, the necessary result (number of jacks) is 4.
Probability is 4/52, or 1 by 13, which is the required probability for the question.
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When the sun’s energy moves through space it reaches earths atmosphere and the finally gets to the surface. The radiant solar energy warms the atmosphere and becomes heat energy.
