Question: 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:

  1. What do you notice about the demand curve?
  2. What does the relationship of prices and quantity demanded make up?

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