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Question 1

The graph below shows data for an individual firm.

Graphing window shows horizontal axis: 0 to 8, vertical axis: 0 to 470. Start Graph, Color blue
xy
126
0.923.4
0.820.8
0.718.2
0.615.6
0.513
0.410.4
0.37.8
0.25.2
0.12.6
-0-0
Start Graph, Color blue
xy
256
1.953
1.850
1.747
1.644
1.541
1.438
1.335
1.232
1.129
126
Start Graph, Color blue
xy
390
2.986.6
2.883.2
2.779.8
2.676.4
2.573
2.469.6
2.366.2
2.262.8
2.159.4
256
Start Graph, Color blue
xy
4128
3.9124.2
3.8120.4
3.7116.6
3.6112.8
3.5109
3.4105.2
3.3101.4
3.297.6
3.193.8
390
Start Graph, Color blue
xy
5170
4.9165.8
4.8161.6
4.7157.4
4.6153.2
4.5149
4.4144.8
4.3140.6
4.2136.4
4.1132.2
4128
Start Graph, Color blue
xy
6216
5.9211.4
5.8206.8
5.7202.2
5.6197.6
5.5193
5.4188.4
5.3183.8
5.2179.2
5.1174.6
5170
Start Graph, Color blue
xy
7266
6.9261
6.8256
6.7251
6.6246
6.5241
6.4236
6.3231
6.2226
6.1221
6216
Start Graph, Color blue
xy
8320
7.9314.6
7.8309.2
7.7303.8
7.6298.4
7.5293
7.4287.6
7.3282.2
7.2276.8
7.1271.4
7266
Graphing window shows horizontal axis: 0 to 8, vertical axis: 0 to 470. Start Graph, Color red
xy
1150
0.9150
0.8150
0.7150
0.6150
0.5150
0.4150
0.3150
0.2150
0.1150
-0150
Start Graph, Color red
xy
2150
1.9150
1.8150
1.7150
1.6150
1.5150
1.4150
1.3150
1.2150
1.1150
1150
Start Graph, Color red
xy
3150
2.9150
2.8150
2.7150
2.6150
2.5150
2.4150
2.3150
2.2150
2.1150
2150
Start Graph, Color red
xy
4150
3.9150
3.8150
3.7150
3.6150
3.5150
3.4150
3.3150
3.2150
3.1150
3150
Start Graph, Color red
xy
5150
4.9150
4.8150
4.7150
4.6150
4.5150
4.4150
4.3150
4.2150
4.1150
4150
Start Graph, Color red
xy
6150
5.9150
5.8150
5.7150
5.6150
5.5150
5.4150
5.3150
5.2150
5.1150
5150
Start Graph, Color red
xy
7150
6.9150
6.8150
6.7150
6.6150
6.5150
6.4150
6.3150
6.2150
6.1150
6150
Start Graph, Color red
xy
8150
7.9150
7.8150
7.7150
7.6150
7.5150
7.4150
7.3150
7.2150
7.1150
7150
Graphing window shows horizontal axis: 0 to 8, vertical axis: 0 to 470. Start Graph, Color black
xy
1176
0.9173.4
0.8170.8
0.7168.2
0.6165.6
0.5163
0.4160.4
0.3157.8
0.2155.2
0.1152.6
-0150
Start Graph, Color black
xy
2206
1.9203
1.8200
1.7197
1.6194
1.5191
1.4188
1.3185
1.2182
1.1179
1176
Start Graph, Color black
xy
3240
2.9236.6
2.8233.2
2.7229.8
2.6226.4
2.5223
2.4219.6
2.3216.2
2.2212.8
2.1209.4
2206
Start Graph, Color black
xy
4278
3.9274.2
3.8270.4
3.7266.6
3.6262.8
3.5259
3.4255.2
3.3251.4
3.2247.6
3.1243.8
3240
Start Graph, Color black
xy
5320
4.9315.8
4.8311.6
4.7307.4
4.6303.2
4.5299
4.4294.8
4.3290.6
4.2286.4
4.1282.2
4278
Start Graph, Color black
xy
6366
5.9361.4
5.8356.8
5.7352.2
5.6347.6
5.5343
5.4338.4
5.3333.8
5.2329.2
5.1324.6
5320
Start Graph, Color black
xy
7416
6.9411
6.8406
6.7401
6.6396
6.5391
6.4386
6.3381
6.2376
6.1371
6366
Start Graph, Color black
xy
8470
7.9464.6
7.8459.2
7.7453.8
7.6448.4
7.5443
7.4437.6
7.3432.2
7.2426.8
7.1421.4
7416
Label "Quantity of Bags" at pixel coordinates (175,0).Label "Price of Bags" at pixel coordinates (0,170).

The blue curve shows:

 

Hint


Question 2

The red curve shows:

 

Hint


Question 3

The black curve shows:

 

Hint