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Motors: Price $25,000+ 20,000 15,000- 10,000 5,000- O 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 Quantity At the current price of $15,000, what is

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Motors: Price $25,000+ 20,000 15,000- 10,000 5,000- O 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 Quantity At the current price of $15,000, what is the quantity demanded for Chord? (Hint: use a straightedge) If Chord raises its price to $18,000, what will be the new quantity demanded

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