Question

Graph the demand curve for the Suburban Supermarket on the same graph above, and color your...

Graph the demand curve for the Suburban Supermarket on the same graph above, and color your demand curve a different color.

10. Which demand curve appears to have the more elastic demand around the price of $14?

11. What is the one characteristic of a demand curve that makes the demand more elastic?

Price Per Bottle

Rural General Store

Quantity Demanded

Suburban Supermarket

Quantity Demanded

$20

200

0

$19

204

55

$18

208

110

$16

212

165

$15

216

220

$14

220

275

$13

224

330

$12

228

385

$11

232

440

$10

236

495
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