Demand Schedule year 2 8453 year 5 9785 year 1 year 3 8875 year 4 9319 8050 simple fancy simple & fancy 3850 4043 4245 4457 4680 350 368 386 405 425 Revenue year 3 710000 year 4 745520 Price Туре 80 simple 80 fancy 100 simple & fancy year 2 676240 year 5 782800 year 1 644000 308000 323440 339600 356560 374400 35000 36800 38600 40500 42500 Gross Revenue 987000 1036480 1088200 1142580 1199700

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Explanation on How do they get this
Demand Schedule
year 3
8875
year 1
year 2
8453
year 4
9319
year 5
9785
simple
fancy
simple & fancy
8050
3850
4043
4245
4457
4680
350
368
386
405
425
Revenue
year 5
782800
Price
year 2
676240
Туре
80 simple
80 fancy
100 simple & fancy
year 1
644000
year 3
710000
year 4
745520
308000
323440
339600
356560
374400
35000
36800
38600
40500
42500
Gross Revenue
987000 1036480 1088200 1142580 1199700
Transcribed Image Text:Demand Schedule year 3 8875 year 1 year 2 8453 year 4 9319 year 5 9785 simple fancy simple & fancy 8050 3850 4043 4245 4457 4680 350 368 386 405 425 Revenue year 5 782800 Price year 2 676240 Туре 80 simple 80 fancy 100 simple & fancy year 1 644000 year 3 710000 year 4 745520 308000 323440 339600 356560 374400 35000 36800 38600 40500 42500 Gross Revenue 987000 1036480 1088200 1142580 1199700
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