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The table below shows the quantity of funnel cakes demanded at the West Virginia State Fair. Demand for Funnel Cakes Quantity of polnts Price Cakes
The table below shows the quantity of funnel cakes demanded at the West Virginia State Fair. Demand for Funnel Cakes Quantity of polnts Price Cakes (dollars) [l =G a eBook 0 References a. Graph the demand curve for funnel cakes. Instructions: Use the tool provided 'Demand' to plot the line point by point (7 points total) on the graph below. Demand for Funnel Cakes 2.00 Tools 175 / / 150 Demand New demand Price (dollars) c & o =2 = M w =~ o M w = w o w o o 7500 8000 8500 9000 9500 10000 10500 Quantity b. On rainy days the demand for funnel cakes at the West Virginia State Fair decreases by 1,000 cakes at every price. Complete the table below by filling in the quantity of funnel cakes demanded on a rainy day. Demand for Funnel Cakes Price Initial Quantity of New Quantity of (dollars) Cakes Demanded Cakes Demanded (w5 | wme | [ T s | eee [ [T c. Graph the new demand curve for funnel cakes. Instructions: Use the tool provided 'New demand' to plot the line point by point (7 points total) on the graph above. The table below represents the quantity of rice demanded for selected countries. Quantity of Rice Demanded (millions of metric tons) 2 Price (U.S. points dollars per metric ton Taiwan South Korea Market Total eBook D References Instructions: Round your answers to 1 decimal place. a. Fill in the market quantity of rice demanded (column \"Market\") for each given price. b. What is the quantity of rice demanded in the market (in millions of metric tons) if the market price is $400 per metric ton? million metric tons
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