Sometimes questions that involve graphs will ask you to consider the effect of a changing factor or factors Problem statement: The line labeled D, in the graph to the right shows the number of cups of lemonade that Caroline and Emily can sell at their lemonade stand at various prices. Caroline and Emily have noticed that they sell more lemonade when it's hotter. Click anywhere on the graph to open a window with a control labeled Temperature. If you use the slider to change the temperature, the line will shift. Change the temperature from 80 degrees to 50 degrees Question: At a price of $0.50, how many more or fewer cups of lemonade do Caroline and Emily sell when the temperature is 50 degrees than when the temperature is 80 degrees? (Note: indicate the change in cups of lemonade sold: fewer will be a negative number and more will be a positive number) OA. 15 OB. -15 OC. -2 ○ 0.0 Price 2.50 2.25 200 1.75 1.50 125 Lemonade Sales 1.00- 075 目 0.50 0.25 D₁ 0.00 10 15 20 25 30 Cups of lemonade sold per day a G

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.6P
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Sometimes questions that involve graphs will ask you to consider the effect of a changing factor
or factors
Problem statement:
The line labeled D, in the graph to the right shows the number of cups of
lemonade that Caroline and Emily can sell at their lemonade stand at various prices. Caroline and
Emily have noticed that they sell more lemonade when it's hotter.
Click anywhere on the graph to open a window with a control labeled Temperature. If you use the
slider to change the temperature, the line will shift. Change the temperature from 80 degrees to
50 degrees
Question: At a price of $0.50, how many more or fewer cups of lemonade do Caroline and
Emily sell when the temperature is 50 degrees than when the temperature is 80 degrees?
(Note: indicate the change in cups of lemonade sold: fewer will be a negative number and more
will be a positive number)
OA. 15
OB. -15
OC. -2
○ 0.0
Price
2.50
2.25
200
1.75
1.50
125
Lemonade Sales
1.00-
075
目
0.50
0.25
D₁
0.00
10
15
20
25
30
Cups of lemonade sold per day
a
G
Transcribed Image Text:Sometimes questions that involve graphs will ask you to consider the effect of a changing factor or factors Problem statement: The line labeled D, in the graph to the right shows the number of cups of lemonade that Caroline and Emily can sell at their lemonade stand at various prices. Caroline and Emily have noticed that they sell more lemonade when it's hotter. Click anywhere on the graph to open a window with a control labeled Temperature. If you use the slider to change the temperature, the line will shift. Change the temperature from 80 degrees to 50 degrees Question: At a price of $0.50, how many more or fewer cups of lemonade do Caroline and Emily sell when the temperature is 50 degrees than when the temperature is 80 degrees? (Note: indicate the change in cups of lemonade sold: fewer will be a negative number and more will be a positive number) OA. 15 OB. -15 OC. -2 ○ 0.0 Price 2.50 2.25 200 1.75 1.50 125 Lemonade Sales 1.00- 075 目 0.50 0.25 D₁ 0.00 10 15 20 25 30 Cups of lemonade sold per day a G
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