Use the following demand schedule to calculate total revenue and marginal revenue at each quantity.

b. Plot the demand, TR, and MR curves. Instructions: Use the tool provided 'MR' to draw the marginalrevenue curve [plot 9 points total]. Then use the tools provided 'TR' and 'D' to plot the totalrevenue curve {TR} and the demand curve {D} (plot 'IO points total for each curve}. To earn full credit for this graph, you must plot all required points for each curve. 26 Tools 24 20 TR D 18 1: / E 12 MR '5. If 10 ' a 5 4 2 0 .2 \"W 0123455?8910 "'-' Quantity Instructions: Enter your answers rounded to two decimal places. For each segment, be sure to enter the highest price rst. c. Use Chapter 6's totalrevenue test for price elasticity to designate the elastic and inelastic segments ofyour graphed demand curve. Demand is elastic from a price of $ to a price of $ Demand is inelastic from a price of$ to a price of$ d. In general, when marginal revenue is positive, demand is (Click to select} v . When marginal revenue is negative, demand is (Click to select) v . e. Suppose the marginal cost of successive units of output is zero. What output would the protseeking firm produce? (Assume the rm can only produce whole units.) Refer to the demand schedule below. a. Use the following demand schedule to calculate total revenue and marginal revenue at each quantity. Instructions: Enter your answers rounded to M0 decimal places. If you are entering any negative numbers be sure to include a negative sign H in front of those numbers. .- 1 2 3 4 5 5 T B 9