Activity 2. The Law of Demand and Supply Directions: Analyse this problem. The following data were taken from an invoice of Company X. The company imports gasoline from other country. 2.1) Plot or graph the data. Interpret the results. Price Quantity Demanded ($ per gallon) (millions of gallons) 1.00 800 1.20 700 1.40 600 1.60 550 1.80 500 2.00 460 2.20 420 Table 1. Price and Quantity Demanded of Gasoline Price D Qd Figure 1. Price and Quantity Demanded of Gasoline Legend: P - Price; D- Demand; Qd -Quantity Demanded 2.2 Analyze data and describe the curve