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. (?) Your Answer Correct Answer 1220 4800 Total Revenue 4500 4140 LU 3780 TOTAL REVENUE (Doll 3420 3080 2700 2340 1980 0 25 50 75 100 125 150 175 200 225 250 275 300 PRICE (Dollars per bike) K Points: 1/ 1 Explanation: Close Explanation At a price of $50 per bike, consumers will purchase 54 bikes per day. Total revenue is equal to price times quantity. At a price of $50 per bike, you can compute total revenue in the following way: Total Revenue = Price x Quantity = $50 per bike x 54 bikes per day = $2,700 per day