01 May Question: Refresh Your Math&Graphing Skills ollewing ta ole shows some possible choices this store could ma…
Refresh Your Math&Graphing Skills ollewing ta ole shows some possible choices this store could make Quantity (Air conditioners per year) Total Revenue (Px Q) (Dollars per year) Price (Dollars per air conditioner) 400 300 200 100 100 30,000 40,000 30,000 200 400 ph below plots the fem’s total revenue curve: that is, the relationship between quantiy and total revenue given by the two right n the table above. The five choices are also labeled. Finally, two black lines are shown; these lines are tangent to the green curve at P and D. 5o
15 50 1OD 150 200 230030 400 QUANTITY (Air condtioners per yean
Slope of TFR 100 50 100 180 200 10 200 250 04 QUANTITY (Air conditoners per year) The total revenue curve reaches its maximum at a quantty ofvair condioners per yeax At this poirdthe slope of the total revenue Y air condtioners per ye ar. At this poiric the slope of the total revenue curve is
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