Question

Help im not sure how to do this

Answer 1

Answer:

It usually works to follow instructions.

Step-by-step explanation:

Exercise 1.

Apparently, you are to plot the given points on the graph. The axes are clearly labeled, so it is a matter of identifying the appropriate grid crossing and putting a dot there. See the first attachment.

Exercise 2.

You can read the desired values from the graph you just plotted (as the instructions say), or you can simply read them from the table.

1. 2 million
2. 5 million
3. 9 million

1.

See the red line and points in the second attachment. Usually, values on the axes of a graph will increase up and to the right.

2.

See the purple line and points in the second attachment.

3.

The point of intersection is (price, quantity) = (40, 350).