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Please help and show on Graph. You are advising a friend who sells paintings on the sidewalk. What price should she put on all the
Please help and show on Graph.
You are advising a friend who sells paintings on the sidewalk. What price should she put on all the paintings given the following information:
Price $100 Quantity demanded 1
Price $80 Quantity demanded 2
Price $60 Quantity demanded 3
Price $40 Quantity demanded 4
And the fixed cost for her business is $50, while it costs her $40 to paint each additional painting, how many paintings should she sell if she sells each painting for the same price and what will that price be? Please show your work.
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