Question: On the following graph, use the green point to plot the weekly total revenue when the market price is $50, $75, $100, $125, $150, $175,

On the following graph, use the green point to plot the weekly total revenue when the market price is $50, $75, $100, $125, $150, $175, and $200 per scooter.

Total Revenue 6750 6210 5670 TOTAL REVENUE (Dollars) 5130 1590 4050 3510 2870 D 25 50 75 100 125 150 175 200 225 250 275 300 325 PRICE (Dollars per scooter) According to the midpoint method, the price elasticity of demand between points A and B is approximately w Suppose the price of scooters is currently $25 per scooter, shown as point B on the initial graph. Because the demand between points A and B is , a $25-per-scooter increase in price will lead to in total revenue per week. In general, in order for a price decrease to cause a decrease in total revenue, demand must be

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