Business, 10.05.2021 19:00, doodndns4484
The graph shows the price of a good compared to the quantity demanded.
A graph titled Demand for Microwave Ovens has quantity demanded on the x-axis, from 0 to 50 in increments of 5, and price in dollars on the y-axis, from 0 to 70 in increments of 10. A line with negative slope contains 2 points. Point (D 1, P 1) is at (15, 50), and point (D 2, P 2) is at (20, 30).
This graph demonstrates how
the amount produced slightly changes with the price.
the amount produced greatly changes with the price.
the quantity demanded changes slightly with the price.
the quantity demanded changes greatly with the price.
Answers: 3
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The graph shows the price of a good compared to the quantity demanded.
A graph titled Demand for M...
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