Question

At a price of $0.50, how many more or fewer cups of lemonade do caroline and emily sell when the temperature is 60 degrees than when the temperature is 80 degrees?

Answer 1

At a price of $0.50, the amount of cups of lemonade that Caroline and Emily sell when the temperature is 60 degrees than when the temperature is 80 degrees is -15.

50 - 80 = -30

= -30 * 0.5

= - 15

How does one arrive at the answer?

This is an instance of demand curve shift which refers to key changes in the balance of supply and demand that alter the quantity demanded at the same price. Hence, the shift in the quantity demanded will affect the amount of cups of lemonade that is sold.

Sometimes questions that involve graphs will ask you to consider the effect of a changing factor or factors. Problem statement: the line labeled D1 in the graph to the right shows the number of cups of lemonade that Caroline and Emily 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 Temperature. If you use the slider to change the temperature, the line will shift. Change the temperature from 80 degrees to 50 degrees.

At a price of $0.50, the amount of cups of lemonade that Caroline and Emily sell when the temperature is 60 degrees than when the temperature is 80 degrees is -15.

Therefore, the correct answer is as given above

learn more about demand curve: brainly.com/question/16790743

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