The rest of the question

260 240 220 Total Revenue 200 180 160 PRICE (Dollars per scooter) 120 100 80 B 60 40 20 Demand O 0 9 18 27 36 -45 54 63 72 81 90 99 108 117 QUANTITY (Scooters)domework (Ch 05) On the following graph, use the green point (triangle symbol) to plot the weekly total revenue when the market price is $40, $60, $80, $100, $120, $140, and $160 per scooter. 5120 FA? 4800 ' Total Revenue 4480 f: 8 (.1 53 C 3520 32 00 TOTAL REVENUE (Dollars) I 28 80 2560 2240 l | | | | l l l lll 0 20 40 an 50 100 120 140 160 130 200 220 240 260 PRICE (Dollars per scooter) According to the midpoint method, the price elasticity of demand between points A and B is approximately V Suppose the price of scooters is currently $80 per scooter, shown as point A on the initial graph. Because the demand between points A and B is V , a $20-perscooter decrease in price will lead to v in total revenue per week. in general, in order for a price decrease to cause a decrease in total revenue, demand must be