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1.) The following graph shows the long-run supply curve for pears. Place the orange line (square symbol) on the following graph to show the most
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The following graph shows the long-run supply curve for pears. Place the orange line (square symbol) on the following graph to show the most likely short-run supply curve for pears. (Note: Place the points of the line either on E and D or on E and C.) 48 40 Short-Run Supply 32 24 PRICE (Dollars per pound) Long-Run Supply 16 8 2 6 8 10 12 QUANTITY (Thousands of pounds of pears)The following graph shows the daily demand curve for bikes in Miami. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. E Total Revenue .3." .n h n: a. E L5 E D V LIJ 9 D: D. 18273645546372 QUANTITY (Bikes) On the following graph, use the green point (triangle symbol) to plot the annual total revenue when the market price is $50, $75, $100, $125, $150, $175, and $200 per bike. 9540 4 8820 Total Revenue 8100 7380 0999 TOTAL REVENUE (Dollars) 5940 5220 4500 3780 3060 0 25 50 75 100 125 150 175 200 225 250 275 300 PRICE (Dollars per bike)Step by Step Solution
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