Answer 6 dollars and 52 cents
Step-by-step explanation: 6 1/4 = (6.25)
40.75/6.25 = 6.52 per unit price
Suppose that Paolo and Sharon are the only consumers of ice cream cones in a particular market. The following table shows their monthly demand schedules: Price Paolo’s Quantity Demanded Sharon’s Quantity Demanded (Dollars per cone) (Cones) (Cones) 1 8 16 2 5 12 3 3 8 4 1 6 5 0 4 On the following graph, plot Paolo’s demand for ice cream cones using the green points (triangle symbol). Next, plot Sharon’s demand for ice cream cones using the purple points (diamond symbol). Finally, plot the market demand for ice cream cones using the blue points (circle symbol). Note: Line segments will automatically connect the points. Remember to plot from left to right. Paolo’s Demand Sharon’s Demand Market Demand 0 4 8 12 16 20 24 6 5 4 3 2 1 0 PRICE (Dollars per cone) QUANTITY (Cones)
The perimeter is 32
I'm having a little difficulty finding the area because I forgot how the get the height... if I knew the height I would tell you.
I am so sorry I can not help all the way.
but if you find the height Area= base (11) times height (?)
The total cost curve shows the cost of total shipment from the different
cities.
- a. Please find attached the graph of the total cost to quantity of shipment created with MS Excel.
- b. The city that provides the lowest overall cost is; <u>Salt Lake City</u>.
Reasons:
The given parameters are;
The number of shipment per = From 550,000 to 600,000 per year
The given table is presented as follows;
a. Required:
The plot total cost curve for the locations on a single graph.
Solution:
- Please find attached the graph of the total cost curves created with MS Excel
b. Required:
The city that provides the lowest overall cost.
Solution:
The two cities with the lowest overall costs are Denver and Salt Lake City.
- From the total cost curve, the area under the curves are;
Area under the curve for Denver;
(7557500 + 7790000) ÷ 2 × 50,000 = 383687500000
Area under the curve for Salt Lake City
(7487500 + 7850000) ÷ 2 × 50,000 = 383437500000
Therefore;
- <u>Salt Lake City provides the lowest overall costs</u>.
Learn more about total cost curves here:
brainly.com/question/4888738