SU 18 ECON 1000 500 Quiz Me Quiz Me 01 Tutorial Examples for

SU 18 ECON 1000 500 Quiz Me: Quiz Me: 0.1 Tutorial Examples for Students This Question: 1 Sometimes questions that involve graphs will ask you to consider the effect of a changing factor or factors. Lemonade Sales ment The line labeled D, in the graph to the right shows the number of cups of lemonade that Caroline and can sell at their lemonade stand at various prices. Caroline and Emily have noticed that they sell more lemonade when it\'s hotter Click anywhere on the graph to open a window with a control labeled Tempera temperature, the line will shift Change the temperature from 80 degrees to 90 degrees ture. if you use the slider to change the Question: +At a price of s0.50, how many more or fewer cups of lemonade do Caroline and Emily sell when the temperature is 90 degrees than when the temperature is 80 degrees? a. (Note: indicate the change in cups of lemonade sold lewer will be a negative number and more will be a positive number) O B. 5 O C. 0 O D. 15 Click to select your answer. O Type here to search ip

Solution

It is noted that they sell more lemonade when the climate is hot. So changing from 80 degress to 90 degrees indicates the rise in the temparature so here the demand curve will shifts to the right. So the answer should be a positive number like 5 or 15.