A demand curve shows the quantity demanded of a product at each price.
<h3>What is a demand curve?</h3>
Your information is incomplete as the table isn't given. Therefore, an overview will be given.
A demand curve simply means a graphical representation of the relationship between price and quantity demanded.
In this case, a demand curve shows the quantity demanded of a product at each price. The profit maximizing price is when the marginal cost equals marginal revenue.
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B. Quadrant 2 you can tell because point J is in the upper left quadrant.
Answer:
The correct answers are:
0.95g
g - 0.05g
(1 - 0.05)g
Step-by-step explanation:
Amount of last week's rain = g inches
this week = 5% decrease on last week's amount
5% of last week's amount = 5/100 × g = 0.05g
∴ This week's amount of rain = 0.05g decrease
∴ Amount of rain this week = (Amount of rain last week) - 0.05g
∴ Amount of rain this week = g - 0.05g
This can be simplified by factorizing the common term "g"
g - 0.05g = g(1 - 0.05) = 0.95g
Answer:
what slope and graph? sorry!