EBK ECONOMICS
EBK ECONOMICS
13th Edition
ISBN: 8220106799642
Author: PARKIN
Publisher: PEARSON
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Chapter 1.A, Problem 22APA
To determine

The effect of changes in the price on curve.

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The table provides data on the price of an umbrella, the amount of rainfall, and the number of umbrellas bought per day. Price (dollars per umbrella) 20 30 40 2 inches 30 20 15 2) 3 inches. Label the point 2. 3) 4 inches. Label the point 3. Umbrellas (number per day) 3 inches 40 30 25 4 inches 60 45 30 Draw points to show the price when the quantity is 30 umbrellas and the rainfall is 1) 2 inches. Label the point 1. Draw a curve through these points to illustrate the relationship between rainfall and price when the quantity is constant at 30 umbrellas. 40- 30 20- 10- 0 Price (dollars per umbrella) Rainfall (inches per day) >>> Draw only the objects specified in the question.
I need help to draw graph for this question please.
Please after completing the question for making the graph use pencil and nootebook thanku.
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