The table gives the relationship between the price of custard pies and the numbe

Question

The table gives the relationship between the price of custard pies and the number of pies Jacob buys per week EE Cickte con to vew the table. a. Is the relationship between the price of pies and the number of pies Jacob buys a positive relationship or a negative relationship? A. Negative relationship B. Positive relationship 4 b. Plot the data. 1.) Use the point drawing tool to plot each data-point from the table 2.) Use the line drawing tool to draw a straight line that best fits the points. Label this line Demand Carefully follow the instructions above, and only draw the required objects c. Calculate the slope of the line. Slope= Enter your response as an integer value. Be sure to include a minus Quantity (pies per week) sign if necessary) click the graph, choose a tool in the palette and follow the instructions to create your graph

Explanation / Answer

a. Price and quantity have negative relationship which makes the demand curve to slope downwards
c. The area of the triangle = ½*base*height
= 0.5* 75000*0.25
= $9375

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