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How do i figure out the demand curve on this particular question?
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Well, as I remember the law of demand states the bigger the demand the bigger the price. Or something along these lines, this is just the basic principle as you already know. I don't know the math part of it though, because i can't really see everything well on the attachment.
I see some gray line, is that your incorrect attempt ?
No. that correct. let focus on the 2nd graph
each unit is a dollar ?
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I think so
Looks abstruse to me, because it doesn't seem to indicate what the units are in the question, yet it doesn't look like one unit is just 1 dollar.
I don't quite understand what I have to do for question 3.
let me ratale it again
wait. it tells you everything
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