Insert your Graph Here as a Picture.




1) Use the data generator in the lesson, to get data to plot on your graph. Create the graph and plot out the points given to you. Be sure to label all parts of the graph and give it a title. The easiest way to create your graph is to do it by hand. Draw your graph out on paper, after you have completed all of the steps use a digital camera to take a picture of it. Save your graph to your computer and insert it as a picture at the top of this document.

2) Add a curve to your graph that represents an increase in demand and label it D1. Using the acronym TRIBE, explain in a few sentences a situation that could have resulted in the increase, specific to the product you chose.


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3) Add another curve to your graph that represents a decrease in demand and label it D2. Using the acronym TRIBE, explain in a few sentences a situation that could have resulted in the decrease, specific to the product you chose.

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After you have completed steps 1-3, save the picture and paste it back onto the top of this document so you can receive credit for your graph.



Tastes and preferences
Related goods and services
Income
Buyers, number of
Expectations of price