The price and quantity demanded of a particular smartphone app are shown in the table below.

$\begin{array} { | l | c | c | c | c | c | c | c | c | }
\hline \begin{array} { l }
\text { Price } \
\text { (\$ per download) }
\end{array} & \$ 0 & \$ 1 & \$ 2 & \$ 3 & \$ 4 & \$ 5 & \$ 6 & \$ 7 \
\hline \begin{array} { l }
\text { Quantity Demanded } \
\text { (millions of downloads) }
\end{array} & 7 & 6 & 5 & 4 & 3 & 2 & 1&0 \
\hline
\end{array}$
-If graphed,the demand schedule shown in the table would be:
A)an upsloping nonlinear curve
B)a downsloping nonlinear curve
C)a downsloping line
D)a horizontal line
E)a vertical line

Question

The price and quantity demanded of a particular smartphone app are shown in the table below.

$\begin{array} { | l | c | c | c | c | c | c | c | c | } 
\hline \begin{array} { l } 
\text { Price } \
\text { (\$ per download) }
\end{array} & \$ 0 & \$ 1 & \$ 2 & \$ 3 & \$ 4 & \$ 5 & \$ 6 & \$ 7 \
\hline \begin{array} { l } 
\text { Quantity Demanded } \
\text { (millions of downloads) }
\end{array} & 7 & 6 & 5 & 4 & 3 & 2 & 1&0 \
\hline
\end{array}$
-If graphed,the demand schedule shown in the table would be:
A)an upsloping nonlinear curve
B)a downsloping nonlinear curve
C)a downsloping line
D)a horizontal line
E)a vertical line

Quizplus · Accepted Answer

The demand schedule shows a direct, linear relationship between price and quantity demanded, where as price increases, quantity demanded decreases in equal intervals, indicating a downsloping line.

The Price and Quantity Demanded of a Particular Smartphone App