Demand interpretaton exercise | Economics homework help

Required text: Managerial Economics: Analysis, Problems, Cases, 8th edition (revised, 2006), by Truett and Truett published by John Wiley & Sons.  ISBN 13 is #9780470009932.  The ISBN 10 is #0470009934

 

I have attached the 7th edition hence page number for the chapter maybe different 

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