Question: Exercise 1: Graphing the Demand Curve. Use the data presented in the Demand Schedule for CDs to graph the demand curve in the chart below.
Exercise 1: Graphing the Demand Curve. Use the data presented in the Demand Schedule for CDs to graph the demand curve in the chart below. Demand Schedule For CDs Price per CD Quantity (in dollars) Demanded (in millions) 20 100 19 200 18 300 17 400 16 500 15 600 14 700 13 800 12 900 11 1000 DEMAND CURVE* 20 Price per CD (in dollars) 19 18 17 16 15 14 13 12 111 100200300|400 500 600 700 800 900 1000 Quantity Demanded (in millions)
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