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Answer the following problems below ECONOMICS CH 4 DEMAND PART 2 TEST 1. Create a demand curve from the Market schedule. Label price, quantity demanded

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Answer the following problems below

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ECONOMICS CH 4 DEMAND PART 2 TEST 1. Create a demand curve from the Market schedule. Label price, quantity demanded and (D) for the demand curve. Demand Schedule for Florida ORANGES Price$ $ 10 20 30 40 50 60 Quantity 300 275 Demanded 250 200 100 50 Demand curve: SHIFT IN THE DEMAND CURVE. Read each event, then explain how each event will affect the demand for oranges. Explain why the change other than PRICE. Draw and label the effect on the demand curve. label Event Cause: why will Outcome: Shift demand shift right or left D1 Large number of people on a Florida vacation love to eat fresh oranges. D2 Hurricane has destroyed many Florida orange trees and people are choosing the cheaper apples as a fruit to eat

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