2. Elasticity and total revenue

The following graph illustrates the weekly demand curve for motorized scooters in Madison.

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.

\f1460 A 1320 Total Revenue 1180 1040 900 TOTAL REVENUE (Dollars) 760 620 480 340 200 15 30 45 60 75 90 105 120 135 150 165 180 195 PRICE (Dollars per scooter)