For the demand equation, express the total revenue R as a function of the price p per item. 9-6p+1200 R(p) --6p² + 1200p Sketch the graph of the resulting function. No Solution Help -20 S0000 Submit Answer 30000 70000 0:00 50000 40000 30000 21000 10000 20 40 80 30 150 120 140 160 100 200 220 240 280 280 -1,000-4 Determine the price p (in dollars) that maximizes total revenue. p = $ 100 Need Help? Read It Watch It Viewing Saved Work Rever! to Last Response Fill WebAssign. Graphing Tool Graph Layers After you add an object to the graph you can use Graph Layers to view and edit its properties.

Q: c. How much total consumer surplus will each of them receive at a price of $32?

A: Last parts C and d are answered below:

Q: you find your opinion leaning towards traditional or behavioral economic beliefs?

A: Answer in step 2

Q: there is two answers, what is the other one?

A: Increasing the economy also raises the standard of living. The current standard of living must be…

Q: Why is the answer different to the answers for this question? The questions are all the same.

A: The questions are all not the same. Here is only one question. And rest are the option of the…

Q: Why is this answer different to the other answers for the same question?

A: Cournot model is an economic model wherein contending firms pick an amount to create freely and all…

Q: So is my solution wrong?

A: There are silly mistakes in your solution but overall algorithm is right. However, there is a slight…

Q: Much of modern economic thought believes people to be, generally speaking, rational and…

A: Almost all the major economic theories are based upon assumptions which are necessary to hold them…

Q: Why a cashless society are opportunities over risks? How does it improve people's daily life?

A: A cashless society is an economic situation in which financial transactions are carried out without…

Q: Describe how specific types of task-oriented behaviors and relationship-oriented behaviors can be…

A: Consider taking on more leadership roles as your career progresses. Regardless of your position, you…

Q: How do you evaluate your opportunity cost in terms of the alternative decisions that you have to…

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Q: The opportunity cost of any decision that you make involves giving up something. I would like you to…

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Q: You are trying to decide if you should rent an ice cream truck and drive it around the city park to…

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Q: From any of the  5 cognitive biases, including ‘framing effect’.  Detail definitions for each,…

A: Cognitive Bias: Framing EffectDefinition:The framing effect is a cognitive bias where people's…

Q: Why does knowing the facts help people maximize their choices

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: *Make a response,question, or clarification for that opinion

A: The consumer is an individual that buys the products and services from the seller in the market.

Q: Jeremy has $30 in his pocket. He would like to take his friend to a movie. The movie would cost $20…

A: Given; Total amount of money he had= $30 Movie cost for both he and his friend= $20 Price of shirt=…

Q: Identify a recent purchase that you made, recently, and determine how scarcity influenced your…

A: Scarcity refers to the finite existence of a resource, or commodity. Humans need a number of goods…