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the schedule below shows the number of packs of bagels bought in davis,…

Question

the schedule below shows the number of packs of bagels bought in davis, california, each day at a variety of prices.

price ($/pack)quantity (packs/day)
53,000
46,000
39,000
212,000
115,000
018,000

a. graph the daily demand curve for packs of bagels in davis.

instructions: use the tool provided to plot each price - quantity combination listed in the table above (plot 7 points total).

demand for bagels

Explanation:

Step1: Identify points

The points to be plotted are (0,18000), (1,15000), (2,12000), (3,9000), (4,6000), (5,3000), (6,0) where the first - coordinate is the price and the second - coordinate is the quantity.

Step2: Plot points on graph

Use the provided 'Demand' tool to plot each of the 7 points on the graph with price on the vertical axis and quantity (in thousands) on the horizontal axis. Connect the points to form the demand curve.

Answer:

Plot the points (0,18), (1,15), (2,12), (3,9), (4,6), (5,3), (6,0) on the given graph and connect them to form the demand curve for bagels.