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![Calculate TR, MR and AR.
Price ()
4
7
Units sold
1
3
4](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1c524682-1ea1-4566-8e9b-933e9a96e4e9%2F24ebb0b5-71cb-4583-91fe-61e2b5c5c257%2F7beevhc_processed.jpeg&w=3840&q=75)
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- Store Travel Time Each Way (minutes) Price of a Skirt (Dollars per skirt) Local Department Store 15 103 Across Town 30 87 Neighboring City 60 64 Juanita makes $16 an hour at work. She has to take time off work to purchase her skirt, so each hour away from work costs her $16 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location. Store Opportunity Cost of Time Price of a Skirt Total Cost (Dollars) (Dollars per skirt) (Dollars) Local Department Store 103 Across Town 87 Neighboring City 64Not sure what to do for the graph and what's correctplease als do the graphs. thanksssssssss
- SEE IMAGEI need typing answer no chatgpt used i will give 5 upvotesPart I The headline about Russian wheat suggests the market is broken. Illustrate the supply and demand for Russian wheat indicating the price in relation to equilibrium. Explain why the market is "broken," and what needs to occur to fix the market. Russian wheat trade falls silent as price floor leaves market 'broken' HIGHLIGHTS Russian wheat not offered below $275/mt since late March Government believed to have intervened to support prices, farmers Traders assess pricing power of Russian state in global market Part II Derive the demand and supply functions using the numbers in the table and calculate equilibrium price and quantity. Graph supply and demand and indicate equilibrium price and quantity. The government wants to help sugar consumers by setting the price at $2.50. Explain the outcome (in terms of Q and D) and your advice in this situation. Illustrate the effect on the same graph and be sure to indicate price and quantities. Price/bag Quantity demanded (bags of sugar)…
- please use following information that has been filled out to fill out next 2 graphs.No written by hand solution Charmaine buys candy that costs $6 per pound. She will buy more than 7 pounds of candy. What are the possibl Use c for the amount (in dollars ) Charmaine will spend on candy.See image below
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