The line on the graph to the right represents what economists call a "demand" curve. This line represents information about the number of cups of lemonade that Caroline and Emily can sell each day at various prices. The number of cups of lemonade demanded is shown on the X-Axis and the price on the Y-Axis.
Individual points on a line or curve can also be identified and labeled.
Problem statement:
right arrow→
Caroline and Emily can sell 15 cups of lemonade at a price of 50 cents; the point (15, $0.50) is on this demand line.
Instruction:
right arrow→
Use the point drawing tool to identify this point, and label the point "B."
To access the tool palette used to draw your answer to thequestion, click anywhere inside of the graph. Click on the Point Drawing Tool icon and then click on the point (15, $0.50). To label the point, click on the question marks and choose the letter "B."
Homework Answers
Caroline and Emily can sell 15 cups of lemonade at a price of 50 cents
The point (15, $0.50) is on this demand line.
Since the number of cups / Quantity (15) is on the X axis.
the price ($0.50) is on the Y axis .
If it helps, kindly upvote.
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