104 demand

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.

People prefer beat headphones to other brands such as Sony and SkullCandy because of Beats noise cancalletion technology. The new technology enhances the sound of the music and increases the bass emitted. According to TMZ famous singer and song writer was spotted in beverly hills wearing the new headphones.
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.

The price of the precious metal needed for construction of the headphone has tripled due to the rioting of miners looking for better wages. Also according to TIME global warming is keeping people inside their homes. The heat has sent people looking for shelter.