AP#1: Using Excel graph all 4 of the following functions on a single graph (1 graph with 4 lines). Remember to use XY-Scatter for your graph. Be sure to add labels to your graph. As you are scanning in the written pages, include a screen shot of your excel file showing the graph and data. These are all market supply or market demand curves. Be sure that you set up the graph with Quantity on the horizontal axis and Price on the vertical axis. (hint- which equations are in Y=mX+b form?) This will be 4 lines on 1 graph. You can use 1 Q column and have A, B, C, D all reference the same Q column. A. Q=75-P B. P = 75 -0.5Q C. Q=(2/3)P D. P = 40 + 0.6Q
AP#1: Using Excel graph all 4 of the following functions on a single graph (1 graph with 4 lines). Remember to use XY-Scatter for your graph. Be sure to add labels to your graph. As you are scanning in the written pages, include a screen shot of your excel file showing the graph and data. These are all market supply or market demand curves. Be sure that you set up the graph with Quantity on the horizontal axis and Price on the vertical axis. (hint- which equations are in Y=mX+b form?) This will be 4 lines on 1 graph. You can use 1 Q column and have A, B, C, D all reference the same Q column. A. Q=75-P B. P = 75 -0.5Q C. Q=(2/3)P D. P = 40 + 0.6Q
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:AP#1: Using Excel graph all 4 of the following functions on a single graph (1 graph with 4 lines).
Remember to use XY-Scatter for your graph. Be sure to add labels to your graph. As you are scanning in
the written pages, include a screen shot of your excel file showing the graph and data. These are all
market supply or market demand curves. Be sure that you set up the graph with Quantity on the
horizontal axis and Price on the vertical axis. (hint- which equations are in Y=mX+b form?) This will be 4
lines on 1 graph. You can use 1 Q column and have A, B, C, D all reference the same Q column.
A. Q =75-P
B.
C.
D.
P = 75-0.5Q
Q = (2/3)P
P = 40+ 0.6Q
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