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In the table below, different prices of guava are given. a. Think and write how much guava you will buy at each price. b. Ask the same question to three of your friends and fill in the table.

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Question

In the table below, different prices of guava are given.

  1. Think and write how much guava you will buy at each price.
  2. Ask the same question to three of your friends and fill in the table.
  3. Also make a graph for each one of you and one final graph for the total quantity.
Price You Friend 1 Friend 2 Friend 3 Total
₹100/kg          
₹80/kg          
₹50/kg          
₹20/kg          
Complete the Table
Graph
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Solution

Price You Friend 1 Friend 2 Friend 3 Total
₹100/kg 1 1 2 1 5
₹80/kg 2 2 2 2 8
₹50/kg 3 3 4 3 13
₹20/kg 5 5 6 5 21

As the price decreases, the quantity demanded increases.

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Chapter 9: The Price Puzzle: What Drives the Market - Questions and activities [Page 211]

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NCERT Social Science Understanding Society India and Beyond Part 1 [English] Class 9
Chapter 9 The Price Puzzle: What Drives the Market
Questions and activities | Q 8. | Page 211
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