Question
Suppose the figure to the right illustrates the monthly demand for imported rugs at a local rug gallery. Suppose the price of rugs increases
Suppose the figure to the right illustrates the monthly demand for imported rugs at a local rug gallery. Suppose the price of rugs increases from $4,500 to $5,500. Total revenue before the price change is $. (Enter your response as an integer) Total revenue after the price change is S (Enter your response as an integer) The change in total revenue is $(Enter your response as an integer and include a minus sign if appropriate) The demand for imported rugs at this nug gallery is range Enter your answer in each of the answer boxes over the given price 10,000 9,000- 8,000- 7,000- 6,000- 5,000- 4,000- 3,000- 2,000- 1,000- 0- 0 10 20 30 m 40 50 60 Quantity 27 A Demand 70 80 90 100 dou O mul.
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