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On a separate graph, draw the revenue curve in its entirety (you obtained the equation in part 4d above). This graph should be drawn below

On a separate graph, draw the revenue curve in its entirety (you obtained the equation in part 4d above). This graph should be drawn below the graph in part 4a so that you can show a link between them.

Demand function is P = 100 - 0.2Q

Marginal Revenue is 100 - 04.Q

How would I graph the revenue curve on Excel? And what is the link to the graph below? Thanks again!!

image text in transcribedimage text in transcribed
\f1 2 3 4 5 Price Quantity Elasticity Revenue Marginal Revenue Price 1 (a High price) 95 25 -0.76 $2,375 90 Price 2 80 100 -0.16 $8,000 60 Price 3 70 150 -0.0933 $10,500 40 Price 4 50 250 -0.04 $12,500 0 Price 5 35 325 -0.0215 $11,325 -30 Price 6 15 425 -0.007 $6,375 70 Price 7 (a Low price) 5 475 -0.002 $2,375 -90

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