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Module 13 assignment dlc

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Module 13 assignment dlc, assignments 1 and 2. high 90's mark.

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Instructions:

⮚ Please write your Full name in the Assignment.

⮚ Marks for each part are given.

⮚ The deadline to submit the Assignment is November 16, 2025, 2025 11:00pm.

⮚ Please do not change the format of the Word Document

⮚ Please save the document as (Your name_Assignment 1_Module 13_DLSCM_College)

, Assignment – Demand, Supply and Equilibrium (40 Marks)




Part A: Demand (10 Marks)
Demand Schedule


Price Quantity Demanded

10 40

9 50

8 60

7 70

6 80




1.Using the demand schedule provided, plot the demand curve and describe its shape.

When plotted on a graph with Price (P) on the vertical axis and Quantity Demanded (Qd) on
the horizontal axis, the points (40,10), (50,9), (60,8), (70,7), (80,6) form a straight line that
slopes downward from left to right.

Shape: Linear, downward-sloping (negative slope).



2.Explain why the demand curve slopes downward using the law of demand.

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