Question

13. q-1/2>1/3

Answer 1

Price will be along the y-axis and quantity will be on the x-axis. 2 is going to be the y-intercept meaning that your demand curve will cross the y-axis at 2 and include the point (0,2). The slope of your line will be downward sloping since you have a minus sign before Q. The slope of the line is -1/3, meaning that your line falls one box and runs 3 to the right. In other words the line crosses the x-axis at 6 and includes the point (6,0). Draw a line through these two points and you have your graph.

Hope this helps you!

Answer 2

im not doing your homwework but I type a hit for you