Use the table below to complete the question. This table represents the demand for peaches in Hoboken, a town in New Jersey. Demand for Peaches Quantity Price (dollars) Demanded (pounds) $20 2 14 14 8 2 26 38 a. Graph the information presented in the table. Instructions: Use the tool provided 'Demand' to plot the line point by point (4 points total). 28 24 20 Price (dollars) 12 16 16 8 Demand for Peaches Tools Demand 20 20 16 Price (dollars) 12 8 4 0 4 8 12 16 20 24 28 32 36 40 Quantity (pounds) C b. If the market price for peaches is $8 per pound, what is the quantity of peaches demanded in Hoboken? O 14 pounds 26 pounds 38 pounds O 20 pounds
Use the table below to complete the question. This table represents the demand for peaches in Hoboken, a town in New Jersey. Demand for Peaches Quantity Price (dollars) Demanded (pounds) $20 2 14 14 8 2 26 38 a. Graph the information presented in the table. Instructions: Use the tool provided 'Demand' to plot the line point by point (4 points total). 28 24 20 Price (dollars) 12 16 16 8 Demand for Peaches Tools Demand 20 20 16 Price (dollars) 12 8 4 0 4 8 12 16 20 24 28 32 36 40 Quantity (pounds) C b. If the market price for peaches is $8 per pound, what is the quantity of peaches demanded in Hoboken? O 14 pounds 26 pounds 38 pounds O 20 pounds
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
ChapterA: Working With Diagrams
Section: Chapter Questions
Problem 9QP
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Transcribed Image Text:Use the table below to complete the question. This table represents the demand for peaches in Hoboken, a town in New Jersey.
Demand for Peaches
Quantity
Price
(dollars)
Demanded
(pounds)
$20
2
14
14
8
2
26
38
a. Graph the information presented in the table.
Instructions: Use the tool provided 'Demand' to plot the line point by point (4 points total).
28
24
20
Price (dollars)
12
16
16
8
Demand for Peaches
Tools
Demand

Transcribed Image Text:20
20
16
Price (dollars)
12
8
4
0
4
8
12 16 20 24 28 32 36 40
Quantity (pounds)
C
b. If the market price for peaches is $8 per pound, what is the quantity of peaches demanded in Hoboken?
O 14 pounds
26 pounds
38 pounds
O 20 pounds
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