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.
The popularity of swing affected the employment situation for musicians in all of the following ways except with many big band rosters to fill, almost anyone could become a musician.
<h3>What is employment situation?</h3>
In general, the Employment Situation Summary report contains statistics and data on salary and employment trends, which may be quite useful to investors. The US Bureau of Labor Statistics publishes its Employment Situation Report, generally known as the Jobs Report, once a month. It shows how much employment and salaries have increased or decreased in the United States during the previous month. A modern work or employment is work done with consideration to the present nature of skills, as employment involves training, development, pay, and other employment perks. Along with the structure of the world force, labor roles, and global standards.
Here,
The popularity of swing influenced musicians' employment in all of the following ways, except that with so many big band rosters to fill, nearly anybody could become a musician.
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The correct form of the present perfect tense. los hombres han pescado por muchas horas en el mar.
<h3>What is the terms about?</h3>
The Spanish terms "The correct form of the present perfect tense. los hombres han pescado por muchas horas en el mar. " is known to be:
The correct form of the present perfect tense. men have fished for many hours in the sea and thus this is the correct terms.
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We will see that her expected profit is -$5.
<h3>
What is the profit?</h3>
We define profit as the difference between the revenue and the costs.
In this case, we know that she expects to sell 20 cups of lemonade for $1 each, so the expected revenue would be:
20*$1 = $20.
And we also know that her costs are $10 for a sign and $15 for materiales, so the total cost is:
$10 + $15 = $25
Finally, the profit would be:
P = revenue - cost = $20 - $25 = -$5
So she has a negative profit.
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Answer:
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