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Turn the demand schedule data points below into a graph of John's root beer demand. If the price of root beer was: John would buy
Turn the demand schedule data points below into a graph of John's root beer demand.
If the price of root beer was: John would buy this amount/ month:
.10 25
.20 20
.30 15
.40 10
.50 5
Label the resulting line/curve with a D
Questions:
- What do you notice about the demand curve?
- What does the relationship of prices and quantity demanded make up?
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