Demand for Ecobits Use the data in the schedule below to plot a demand curve for ecobits. Label the curve "D". Also, correctly label the axes of the graph. Price per ecobit 10e 16e 20e 25e 30e 35e 40e 5e Quantity demanded in thousands 400 300 250 200 150 100 350 50 Demand for. Ecobits 35 30 d5- Price Re coisk) 15- lo- ce leo o avaiy de n ln tas 2. Use the demand schedule and the demand curve to answer the following if the price of ecobits moves from 304 to 40g, what happens to the quantity of ecobits demanded? Why? a. it the price of ecobits moves from 30 to 20, what happens to the quantity of ecbits demanded? Why?

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