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1. (5 points) Made the right way French Cassoulet (shown below) is the most delicious thing ever. Your friend Ella Marij a Lani YelichO'Connor (a.k.a.
1. (5 points) Made the right way French Cassoulet (shown below) is the most delicious thing ever. Your friend Ella Marij a Lani YelichO'Connor (a.k.a. Lorde) has left New Zealand to get away from the Lord of the Rings tourism and abandoned her music career to open an Amherst bistro, specializing in French cuisine. (She is shown here in cooking class with an anonymous friend.) She has done some market research and nds that your neighbors value Cassoulet according to the following schedule: Dinners MU' Cassoulet $48.00 $46.00 $43.70 $41.00 $38.00 $35.62 $32.90 mNGUI-wad $29.70 (.0 $26.73 _\\ 0 $24.06 _\\ _\\ $21.65 _\\ M $19.49 _| (A) $17.54 _\\ A $15.78 a. (2 points) Graph the demand curve for cassoulet. Does the demand curve have a positive or negative slope? Why? b. (2 points) How many servings will Lorde sell at $46? How many at $29.7? At $19.49? c. (1 point) What will happen to the demand curve if a new study comes out showing a plant-based diet without sausage and duck fat, ingredients in cassoulet, reduces the risk of heart disease? What will happen to the demand curve if instead a study comes out eating sausage increases the risk of dementia
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