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s.h_math s.h_math
wrote...
Posts: 295
Rep: 3 0
2 years ago
Another question I am so stuck on to do. I really dislike graphing Frowning Face

Suppose a country imports televisions. The country's supply and
demand curves are shown in the accompanying graph, along with the
initial world price of $2. Suppose the world price of televisions
increases, though not by so much as to eliminate all imports. Show
this on the diagram.
1 . ) Using the line drawing tool, draw a new line that represents a
world price that has increased but does not eliminate imports. Label
your line 'New'.
2.) Using the point drawing tool, label the point that represents the
quantity demanded at the new world price. Label your line 'QD
3.) Using the point drawing tool, label the point that represents the
quantity supplied at the new world price. Label your line 'Qs
Carefully follow the instructions above and only draw the required
objects.
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Anonymous
wrote...
#1
2 years ago
Does this help?
s.h_math Author
wrote...
#2
2 years ago Edited: 2 years ago, s.h_math
Sir it marked it wrong

Post Merge: 2 years ago

Do you find any mistakes in this?
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wrote...
#3
Educator
2 years ago
Well, for one, it doesn't look identical to the one I provided.

Mine has a dotted line extending from 3 along the y axis, overlapping the blue one.
s.h_math Author
wrote...
#4
2 years ago Edited: 2 years ago, s.h_math
what should I do to make it correct sir?
Post Merge: 2 years ago

so does mine if you zoom in
Post Merge: 2 years ago

I pressed confirm again and it marked it correct.

What would I do here?

would the answers be 2 and 3?
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wrote...
#5
Educator
2 years ago
Hi s.h_math

"The quantity of imports at the initial world price is 4 million units"

"The quantity of imports at the new world price is 2 million units"
wrote...
#6
A year ago
Thanks!
wrote...
#7
A year ago
Thank you
wrote...
#8
A year ago
Thx
wrote...
#9
A year ago
Thank you
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