Help me 1. The table shows the monthly revenue of a business rising exponentially since itopened an online store.months since online monthly revenuestore openedin dollars72,00090,0004.6.112,500a. Describe how the monthly revenue is growing.b. Write an equation to represent the revenue, R, as a function of months, m,since the online store opened.c. Find the monthly revenue 1 month after the online store opened. Record thevalue in the table. Explain your reasoning.d. Explain how we can use the value of R(1) to find R(4).

Since you have asked multiple questions, we will solve the first question for you. If you want any…

Answered: a. Describe how the monthly revenue is…

Business

Economics

a. Describe how the monthly revenue is growing.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter22: Inflation

Section: Chapter Questions

Problem 7SCQ: Go to this website (http://www.measuringworth.com/ppowerus/) for the Purchasing Power Calculator at...

See similar textbooks

Related questions

Q: 1

A: The elasticity of demand is the ratio of percentage change in quantity demanded to the percentage…

Q: What are the Crisis in the Tourism and Hospitality Industry to date. How it affects both industries,…

A: The crisis is a term that is used to define difficulties and challenges that might affect an…

Q: 10. A pet shop had a 220% increase in sales of turtles in 2008 over the previous year's sales. If…

A: 10.

Q: What are the benefits gained by using MyFloridaMarketPlace portal?

A: MyFloridaMarketPlace (MFMP) is an award-winning eProcurement system of Florida state. The MFMP…

Q: What are some advantages of Walmart purchasing established web businesses?

A: While Walmart is the World’s largest retailer, the well established business has certain advantages;…

Q: 1 Describe the four types of inventory.

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Discuss the way to conduct a systematic review of the product?

A: Systematic review A systematic review is a conceptual analysis. It proceeds to assemble all existing…

Q: What are the similarities and differences betweenthe product and retail life cycles?

A: The lifecycle of the product can be described as the phases that a newly launched product achieves…

Q: Define the Sherman Act and the Clayton Act and illustrate the differences

A: In an economy, it is possible that illegal merging and contracting of businesses can be the cause of…

Q: C. Referencing any THREE (3) basic needs of customers, describe how customer service personnel can…

A: A customer need is a compelling reason for a consumer to buy a product or service. The customer's…

Q: 58: What is extra cash or Disposable pay?

A: Definition After taxes and payment obligations have been met, an employee's disposable pay is the…

Q: Write an argument (your opinion about social class, poverty, and the wealth gap between rich and…

A: social class: The improvement of the advances that make an affluent life conceivable relies upon a…

Q: what is mode of entry meaning?

A: Mode of entry refers to different channels through which a business can enter the international…

Q: O area C+ D+ G + H.

Q: The value of Total revenue is $400 and the average revenue is $40 Calculate the output

A: # if we are given the value of total revenue and average revenue then we can easily calculate the…

Q: =1

A: Net value of project is the difference between discounted benifit and discounted cost. NPV =…

Q: When putting up a franchise business, why it is better to buy the building?

A: A franchise is a venture between the giver and the taker. In this form of agreement the franchisor…

Q: Do consumer behavior strategic recommendations- Words Required: 600

A: Consumer is a person or an individual who buys goods and services at a common price. It is the price…

Q: Revenue, Cost MC AC AVC P AR = MR R P. Oufput

A: The firm for which is the graph is drawn in the above-given question is working in a form of market…

Q: Questions 3 solve asap

A: Since you have asked question 3, so I am answering that one only. Sovereignty Sovereignty is the…

Q: How is the planning at Ikea (as a company)?

A: Introduction: IKEA used the concept of key performance indicators (KPIs) to identify its advantages.…

Q: I think I'm right. Can you please check and explain?

A: Answer - Need to find- Correct option Given in the question - Which of following will not shift…

Q: What are some of the benefits of segmentation within a company?

A: Company segmentation is the process where a company divides their current market into quadrants,…

Q: profit or loss ammount

A: Profit is the remaining revenue of the firm after deducting all the costs.

Q: 8. Discuss some of the issues to consider when developing messages for mobile

A: Digital development agendas are posing an increasing threat to privacy in the rush to spread the…

Q: Find the annual revenue

A: The term “annual revenue” is defined as the total monetary value made from the sale of products and…

Q: Find the total revenue for the table. Quantity Sold (units) Price or Average Pee Revenue (Rs) (1)…

A: Given table: Quantity Price Total Revenue 1 10 2 10 3 10…

Q: 7. Herb sells apples from his family's farm at the Farmer's Market on the weekends. His revenue is…

Q: What is total revenue?

A: Revenue refers to that amount which a seller or a person gets after selling its goods and services.…

Q: I cannot read the hand writing can someone tyoe this out for mr please ?

A: Macroeconomics basically refers to the discipline of economics concerned with the overall structure,…

Q: how was EVwSample info calculated for this problem?

A: Given:- state-of-nature probabilities are- P(s1) = 0.35, P(s2) = 0.35, P(s3) = 0.30. Condition…

Q: (d) When photographers, florists, DJs, bands, and other outside vendors are booked through your…

A: Finder's fee, also called referral charges, is a commission (in percentage terms) earned by an…

Q: Explain the companies often use this formula to determine how much of a certain item to order: Q = √…

A: Given, D = 400 S = 36 H = 2

Q: ect answer(s) eater than the daily volume me negative ease to one wer than the daily volume of…

A: Open interest is the all out number of remarkable subordinate agreements, for example, choices or…

Q: 13. A(n) is a word, symbol, design, or combination of these that a business uses to identify itself…

A: Identification and recognition of the product is a vital component for any business. Hence, the firm…

Q: #1#

A: Given the loan amount = $15000 Interest rate on the loan amount = 6% Inflation rate = 8%

Q: How you calcute for the rest?

A: Elasticity is a term used to describe a variable's sensitivity to changes in another variable. The…

Q: kom/courses/49637/quizzes/274167/take M Gmail Translate For the following information, how much eggs…

A: Given, Price of candy = 2$ Price of Milk = 1$ Price of eggs = 0.50 $ Income = 6$

Q: Dealing System. In which year NDS was launched? [A] 2000 [B] 2002 [C] 2003 [D] 2004

A: RBI stands for reserve bank of india it is also known as the central bank of india

Q: lease answer f

A: given reserve ratio = 20 % deposit = 200 RM

Q: II. Give an example of a product based on Consumer or household Goods Classification PRODUCTS…

A: The mentioned four types are the classification of goods based on how the consumer buys the goods.

Q: see in

A: E onomic growth mostly occurs in large economies population.

Q: What is total revenue if price and quantity and $5 and 20 units

A: Given: Price = $5 Quantity = 20 units

Question

Help me

1. The table shows the monthly revenue of a business rising exponentially since it
opened an online store.
months since online monthly revenue
store opened
in dollars
72,000
90,000
4.
6.
112,500
a. Describe how the monthly revenue is growing.
b. Write an equation to represent the revenue, R, as a function of months, m,
since the online store opened.
c. Find the monthly revenue 1 month after the online store opened. Record the
value in the table. Explain your reasoning.
d. Explain how we can use the value of R(1) to find R(4).

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

Assume that GBP|USD = 2.00 (rate chosen for math ease). After the passage of a significant tax increase in the United States, the United States stock market is expected to drop significantly over the next month while the British stock market is expected to show steady growth. As a result which of following is most likely in a graph of the currency market with GBP per USD (original equilibrium is USD|GPB = 0.50) on the vertical axis (quantity of USD on horizontal axis)? Drawing a diagram would be useful. A. The supply curve would shift left and the new price would be greater than 0.50. B. The supply curve would shift right and the new price would be greater than 0.50. C. The supply curve would shift left and the new price would be less than 0.50. D. The supply curve would shift right and the new price would be less than 0.50.
Go to this website (http://www.measuringworth.com/ppowerus/) for the Purchasing Power Calculator at measuringWorth.com. How much money would it take today to purchase what one dollar would have bought in the year of your birth?
Give correct typing answer with explanation and conclusion Pauli hire Hamish to build a four-drawer armoire for new home, to be completed by August 15. But Hamish calls Pauli on August 1 and says that he will not be able to complete the armoire on time.
Calculate the value of change in stocks if it's given that:- GVAFC = $60 million Sales = $400 million Purchase of raw material = $250 million Excise duty = $30 million Sales tax = $20 million
only typed answer Assume that a steel company sold $152 million worth of steel, paid $64 million in wages, purchased $21 million of coal that it uses to produce its steel, and paid $46 million in taxes. What was the value added of this company? A) $152 million. B) $131 million. C) $67 million. D) $21 million.
hello so i just wanna know how to make graphs on excel sheet using the data i am gonna give you and an example of how the graph should look like in picture. all i want is a screenshot of how i am supposed to put all numbers in which coloums thanks. here is the data: Month Sales Jan-16 747 Feb-16 697 Mar-16 1014 Apr-16 1126 May-16 1105 Jun-16 1450 Jul-16 1639 Aug-16 1711 Sep-16 1307 Oct-16 1223 Nov-16 975 Dec-16 953 Jan-17 1024 Feb-17 928 Mar-17 1442 Apr-17 1371 May-17 1536 Jun-17 2004 Jul-17 1854 Aug-17 1951 Sep-17 1516 Oct-17 1642 Nov-17 1166 Dec-17 1106 Jan-18 1189 Feb-18 1209 Mar-18 1754 Apr-18 1843 May-18 1769 Jun-18 2207 Jul-18 2471 Aug-18 2288 Sep-18 1867 Oct-18 1980 Nov-18 1418 Dec-18 1333 Jan-19 1333 Feb-19 1370 Mar-19 2142 Apr-19 2138 May-19 2078 Jun-19 2960 Jul-19 2616 Aug-19 2861 Sep-19 2237 Oct-19 2225 Nov-19 1590 Dec-19 1659 Jan-20 1613 Feb-20 1605 Mar-20 2349…
I'm still confused on how to graph it. As well as answering parts h, i, l, and m
the right answer is A and C and i wonder why. pls explain by details, thx!
In this problem annual income for ages 20 to 80 is given graphically. People sometimes spend less than their income (to save for retirement) or more than their income (taking out a loan). The process of spreading out spending over a lifetime is called consumption smoothing. annual income ($10nns nar vaar) years) (a) Find the average annual income for these years. The average annual income is dollars/year. eTextbook and Media (b) Assuming that people spend at a constant rate equal to their average income, when are they spending less than they earn, and when are they spending more? Enter your answers in increasing order. They spend less than their income every year from age to They spend more than their income every year from age to and from age to
Actual sales of TV's for the first six month in 2021 were as follows:January 60 February 80 March 42April 68 May 44 June 72 Use this information and determine in whole numbers: 1 The average actual monthly sales for that period 2 Trends: Reduce this average by 6% per month for the next three months 3 Simple Moving Average (SMA): make a forecast for July using a three months simple movingaverage. 4 Weighted Moving Average (WMA): make forecast for July, using a three months weightedmoving average where the weights are 0.5; 0.3 and 0.2 respectively.
Graph the function C=50+0.8Y and give economic interpretations of the elements of the equation.
pls also do the graph thnksss