POLICY PERSPECTIVES Suppose the following demand exists for iPhone apps: iPhone Apps 0 Tools $11 $10 iPhone Apps $9 Point A Point B Price (per app) $8 Quantity Demanded (millions) $7 $10 2 $6 9 3 Point C Price (per app) 8 4 $5 7 5 $4 6 6 $3 5 7 $2 Demand 4 8 $1 3 9 0 1 2. 3 4 5 6 7 8 9 10 11 Quantity Demanded (millions of iPhone apps) Given the demand schedule and demand curve for iPhone apps, answer the following questions. a. At $9, what quantity is demanded? million b. If the price drops to $6, what quantity is demanded? million million C. Along this price range, demand is d. If advertising convinces people to demand 3 million more apps at every price, how many apps will be demanded at a price of $9? e. Graph the above answers, using point A for (a), point B for (b), and point for (d). Instructions: Use the tools provided 'Point A,''Point B,' and 'Point C' to plot individual quantities demanded on the graph