*I NEED GRAPHING AND SOLUTIONS

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2. Calculating marginal revenue from a linear demand curve The blue curve on the following graph represents the demand curve facing a firm that can set its own prices Use the graph inpur 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, Graph Input Tool 20 Market for Goods Quantity Beranded 20 Demand Price Daars per we 100.00 110 100 PRICE Olars per *883 Demand 0 4 15640 122022 QUANTITY (Unit
Q Search this cou Homework (Ch 15) On the graph input tool, change the number found in the Quantity Demanded field to determine the prices that correspond to the production of O. 8, 16, 20, 21, 32, and 40 units of output. Calculate the total revenue for each of these production levels. Then, on the following graph, use the green points (triangle symbol) to plot the results 2000 1000 1000 Total Revenue 1400 1200 TOTAL REVENUE (D) 1000 100 300 400 200 0 4 32 30 40 12 18 20 24 20 QUANTITY (Number of units Calculate the total revenue the firm produces versus 7 mes. Then, calculate the marginal revenue of the eighth unit produced
his course Homework (Ch 15) X Calculate the total revenue if the firm produces 8 versus 7 units. Then, calculate the marginal revenue of the eighth unit produced The marginal revenue of the eighth unit produced is 5 Calculate the total revenue If the firm produces 16 versus 15 units. Then, calculate the marginal revenue of the 16th unit produced The marginal revenue of the 16th unit produced is iss Based on your answers from the previous question, and assuming that the marginal revenue curve is a straight line, use the black bine plus symbol) to plot the firm's marginal revenue curve on the following graph. (Round all values to the nearest Increment of 40.) 200 100 Marginal Revenue 120 MARGINAL REVENUE (Dollars) 40 0 10
Q Search this course Homework (Ch 15) to plot the firm's marginal revenue curve on the following graph. (Round all values to the nearest increment of 40.) > 200 Marginal Revere MARGINAL REVENUE ) 10 12 20 24 25 QUANTITY (Units) negative equal to pero positive total revenue graph to your marginal revenue graph, you can see that when total revent is increasing, marginal revenue is Grade It Now Save & Continue Fontinue without in