On the demand curve graph, place the end points of the demand curve such that at a quantity of 2 the price is $8 per unit and at a quantity of 16, the price of $1 per unit.

Use the information from the demand curve to plot a total revenue curve for a firm facing the plotted demand curve.

Demand Curve 12 11 Demand 10 9 Price ($) 6 5 4 0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 QuantityTotal Revenue Curve 60 56 52 TR 48 44 40 36 32 Total Revenue ($) 28 24 20 16 12 8 0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Quantity