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- provide quick explanation and graph please! thank you.Please explain point 17Attempts Keep the Highest/4 1. Price controls in the Florida orange market The following graph shows the annual market for Michigan blueberries, which are sold in units of 50-pound boxes. Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. NBK BRB PROCE (Dolar per box) 10 5 • Graph Input Tool Market for Michigan Blueberries Supply Price (Dollars per box) 15 Quantity Demanded 500 Quantity Supplied (Man of box) 210 (Mons of box) Demand 50 100 150 200 250 300 350 400 450 500 QUANTITY (Mons of In this market, the equilibrium price is per box, and the equilibrium quantity of blueberries is million boxes. For each of the prices listed in the following table, determine the quantity of blueberries demanded, the quantity of blueberries supplied, and the direction of pressure exerted on…
- TOTAL REVENUE (Dollars) On the following graph, use the green point (triangle symbol) to plot the weekly total revenue when the market price is $30, $45, $60, $75, $90, $105, and $120 per scooter. 1460 1320 1180 1040 900 760 620 480 340 200 0 15 30 45 60 75 90 105 120 135 150 165 180 195 PRICE (Dollars per scooter) Total Revenue (? According to the midpoint method, the price elasticity of demand between points A and B is approximately Suppose the price of scooters is currently $45 per scooter, shown as point B on the initial graph. Because the demand between points A and B is a $15-per-scooter increase in price will lead to in total revenue per week.plz answer correct explain asap Dont answer by pen peparCalculate by diagram!!!
- 11. can someone explain what is happening in this figure. thank you6 Please show me how the calculation for this is done in a detailed explanation please!5(1) Draw & Label a Graph that shows relationship between Cups of Coffee & Half Cup of Milk per Cup of Coffee for the following expression: "No matter how many Cups of Coffee I drink, I always add a Half Cup of Milk to each cup."