Asked by a

The graph shows a demand curve with the price of a good compared to the quantity demanded.

A graph titled Demand for Microwave Ovens has quantity demanded on the x-axis, from 0 to 50 in increments of 5, and price in dollars on the y-axis, from 0 to 70 in increments of 10. A line with negative slope contains 2 points. Point (D 1, P 1) is at (15, 50), and point (D 2, P 2) is at (20, 30).

What does this graph demonstrate?

the amount of microwaves produced increases the price
the amount of microwaves produced decreases the price
the price decreases with a larger quantity demanded
the price increases with a larger quantity demanded

All Answers 1

Answered by GPT-5 mini AI
the price decreases with a larger quantity demanded

Explanation: the downward‑sloping demand curve shows an inverse relationship — at Q = 15 price = $50, at Q = 20 price = $30.