Tutorial 4: Drawing a horizontal line Some questions will present one or several lines in the canvas and you are required to draw a new horizontal (or vertical) line. For example, in the diagram below, we have an upward sloping line S₁ and a downward sloping line D₁. Suppose that in order to answer a question correctly you need to draw a third horizontal (flat) line (PFloor) above the point of intersection or the original two lines. For these types of questions, first click the line tool on the tool palette labelled PFloor, and plot by clicking your mouse for the first end-point -- touching the vertical axis then moving your mouse to the right and clicking again for the second end-point. The new line should intersect both the D₁ and S₁ lines and have a height greater than 50 as measured on the vertical axis. Instructions: Use the tool provided 'PFloor to draw the appropriate line. Your Graph Score: 0% Price 100 90 80- 70- 60- 50 40- 30- 20- 10- 0 0 LO 10 20 An outward shift 30 Floor 40 50 A 60 Quantity 70 80 S₁ 1 D₁ 90 100
Tutorial 4: Drawing a horizontal line Some questions will present one or several lines in the canvas and you are required to draw a new horizontal (or vertical) line. For example, in the diagram below, we have an upward sloping line S₁ and a downward sloping line D₁. Suppose that in order to answer a question correctly you need to draw a third horizontal (flat) line (PFloor) above the point of intersection or the original two lines. For these types of questions, first click the line tool on the tool palette labelled PFloor, and plot by clicking your mouse for the first end-point -- touching the vertical axis then moving your mouse to the right and clicking again for the second end-point. The new line should intersect both the D₁ and S₁ lines and have a height greater than 50 as measured on the vertical axis. Instructions: Use the tool provided 'PFloor to draw the appropriate line. Your Graph Score: 0% Price 100 90 80- 70- 60- 50 40- 30- 20- 10- 0 0 LO 10 20 An outward shift 30 Floor 40 50 A 60 Quantity 70 80 S₁ 1 D₁ 90 100
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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