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Problem statement: The table below provides information about the number of cups of lemonade that Caroline and Emily can sell each day at various prices.

Problem statement:

The table below provides information about the number of cups of lemonade that Caroline and Emily can sell each day at various prices. The data points are plotted on the graph, with the number of cups of lemonade on the X-Axis and the price on the Y-Axis.

Cups of lemonade sold per day

Price

0

$2.00

5

$1.50

10

$1.00

15

$0.50

20

$0

You can connect the points with a straight line using the Line Drawing Tool. To access the tool palette used to draw your answer to the question, click anywhere inside of the graph. Click once on the beginning coordinate to start the line, then move the mouse to ending coordinate, and click again to finish.

Instruction:

Use the line drawing tool to draw a single line representing the demand schedule above, beginning at the price of $2.00 and ending at the price of $0. Properly label this line.

Note: since the demand schedule can be represented by a straight line, you only need to plot the beginning and ending points of the line.

Carefully follow the instructions above, and only draw the required objects.

.....

Lemonade

0510152025300.000.250.500.751.001.251.501.752.002.252.50QuantityPrice

(0,$2.00)

(5,$1.50)

(10,$1.00)

(15,$0.50)

(20,$0.00)

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