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:
misunderstood and no respect
Answer:
Density of Sugar is 1.59 grams per milliliter.
Explanation:
By applying the containment strategy, the United States' objective was to prevent the expansion of the Soviet Union's influence in the world.
<h3 /><h3>What is the containment strategy?</h3>
It can be understood as a foreign policy strategy to prevent the spread of the communist system, being the policy that guided the Cold war, which took place between the USA and the USSR after the end of the second world war.
Therefore, the containment strategy is a foreign policy that aimed to influence the allies to prevent the strengthening of communism.
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