Question: Write the number of each question and your answer next to it Answer all the questions. On the right is Alice's demand curve for sweaters;

Write the number of each question and your answer next to it Answer all the questions. On the right is Alice's demand curve for sweaters; PRICE answer questions (1) - (7) based on this graph: (1) Write the equation for Alice demand curve with P as the dependent variable: 60 (2) Write the equation for Alice demand curve with Q as the dependent variable: (3) At what PRICE will Alice demand a Quantity of 20? (4) What QUANTITY will Alice demand at a Price of $36 ? (5) What is the ELASTICITY of this demand curve when Price = $ 48 ? 50 (6) What is the ELASTICITY of this demand curve when Quantity = 20? (7) What is the ELASTICITY of this demand curve when Price = $30

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