Sketch a Possible Parametric Curve Defined by the Following Table

question 3

Essay

Sketch a possible parametric curve defined by the following table of values. $$\begin{array} { | l | c c c c c c c c c | } \hline t & 0 & \frac { \pi } { 4 } & \frac { \pi } { 2 } & \frac { 3 \pi } { 4 } & \pi & \frac { 5 \pi } { 4 } & \frac { 3 \pi } { 2 } & \frac { 7 \pi } { 4 } & 2 \pi \\\hline x & 0 & 0.18 & 0 & - 0.53 & - 1 & - 0.88 & 0 & 1.24 & 2 \\\hline y & 0 & 0.18 & 0.5 & 0.53 & 0 & - 0.88 & - 1.5 & - 1.24 & 0 \\\hline\end{array}$$

Analyze the impact of elasticity on business pricing strategies, including price discrimination.

Recognize how elasticity influences the response to economic policies and market changes.

Understand the factors that affect the elasticity of supply and its implications for market dynamics.

Identify the effects of economic recessions on demand for different types of goods based on their income elasticity coefficients.