300Using the data given in the demand schedule, draw a graph for market demand for 2011.Nou will note that the higher the price, the lowwer the demand and the lower the priceR2 0001500R1 500R1 000R 5004001000500500600100 200 300 400 500 600he higher the demand.QUANTITYACTIVITY 1Date:Give your graph a heading.QuantitykettlesdemandedPrice perkettleat given priceR 350100R 300150udget-toolR 250200R 100250R 5030077

Given: Price Quantity demanded 350 100 300 150 250 200 100 250 50 300

Give your graph a heading. Using the data given in the demand schedule, draw a graph for market demand for 2011. the hi the demand and the lower the price ACTIVITY 1 Date: Quantity kettles demanded at given price Price per kettle R 350 100 R 300 150 R 250 200 R 100 250 R 50 300 77

Give your graph a heading. Using the data given in the demand schedule, draw a graph for market demand for 2011. the hi the demand and the lower the price ACTIVITY 1 Date: Quantity kettles demanded at given price Price per kettle R 350 100 R 300 150 R 250 200 R 100 250 R 50 300 77

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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