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Nostrana [21]
2 years ago
6

The quantity demanded for bread has decreased due to an increase in price. How would this change in quantity demanded be represe

nted on the demand curve?
Business
1 answer:
Soloha48 [4]2 years ago
8 0

a movement from one point on the demand curve to a lower point on the demand curve An increase in quantity demanded brought on by a decrease in price is represented by a movement from one point on the demand curve to a lower point on the demand curve.

<h3>What is demand curve?</h3>

A demand curve is a graph in economics that depicts the relationship between the price of a commodity and the quantity of that commodity that is demanded at that price. Demand curves can be used to model the price-quantity relationship for a single consumer or for all consumers in a given market.

The demand curve depicts the relationship between the price of a good or service and the quantity demanded over a given time period. A typical representation will show the price on the left vertical axis and the quantity demanded on the horizontal axis.

To know more about demand curve follow the link:

brainly.com/question/1139186

#SPJ4

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Jenny's bakery makes two types of birthday cakes: yellow cake, which sells for $25, and strawberry cake, which sells for $35. Bo
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Answer: Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

Explanation:

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y- Number of Strawberry cakes

Time constrain is given by

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x\geq 0

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Revenue is given by,

TR= 25x + 35y

At the vertices, revenue is

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Therefore, Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

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What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries?
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