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Question: use the following graph to answer questions 1 through 3...

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Use the following graph to answer questions 1 through 3: 25 24 23 2i 20 19 18 16 15 14 12 L1 2 3 4 54 8 9 10 11 12 13 14 15 16 17 18 1920212223 24 25 1. Plot the following Price and Quantity combinations: (4, 8), (1, 2), (5, 10) 2. Is your graph more likely to be a demand curve or a supply curve? Why? 3. Using the equation of a line, and P for price and Q for quantity, what is the algebraic formula of this curve?
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