Question
1. Price per Kilo of Apples Quantity Demanded (Number of Kilos) $4 100 $5 80 $6 60 $7 40 $8 20 a)Sketch the graph using
1.
Price per Kilo of Apples Quantity Demanded (Number of Kilos)
$4 100
$5 80
$6 60
$7 40
$8 20
a)Sketch the graph using the data in the table above.
b)What is the slope of the demand curve?
c)What is the percentage change in price at each interval?
d)What would happen to the demand curve if price of pears increase? Decrease?
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Basic Economics
Authors: Frank V. Mastrianna
16th edition
1111826641, 978-0357706664, 978-1111826642
