On Tuesday you sold 15 tickets for $5 each. So, for the price of $5, the...
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On Tuesday you sold 15 tickets for $5 each. So, for the price of $5, the quantity demanded is 15. Let's make a graph of the quantity demanded verses the price containing this single point. Notice the quantity demanded is on the x-axis and the price is on the y-axis. n 10 12 16 Quanty Demanded 14 18 20 1. Let's add another point to the graph corresponding to the quantity demanded at the price of $4. Which of the two graphs below makes more sense? Explain your reasoning in words using one or two sentences. I 10 12 14 16 Quantity Demanded 18 20 10 12 14 16 Quantity Demanded 18 20 On Tuesday you sold 15 tickets for $5 each. So, for the price of $5, the quantity demanded is 15. Let's make a graph of the quantity demanded verses the price containing this single point. Notice the quantity demanded is on the x-axis and the price is on the y-axis. n 10 12 16 Quanty Demanded 14 18 20 1. Let's add another point to the graph corresponding to the quantity demanded at the price of $4. Which of the two graphs below makes more sense? Explain your reasoning in words using one or two sentences. I 10 12 14 16 Quantity Demanded 18 20 10 12 14 16 Quantity Demanded 18 20
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