The figure below shows Sue's and Carlos' demand curves for gasoline. It would be useful to find the equation of the demand curves to answer the questions below.
-Refer to the figure above.The total demand curve has the vertical intercept at ________ and the horizontal intercept at ________,and its slope ________.
A) 15.00 euros; 7,000 liters; changes at 10.00 euros
B) 15.00 euros; 7,000 liters; changes at 8.12 euros
C) 18.00 euros; 7,000 liters; is twice as steep as Sue's demand curve
D) 10.00 euros; 7,000 liters; is half as steep as Carlos's demand curve
Correct Answer:
Verified
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