SOLVE STEP BY STEP IN DIGITAL FORMAT Price (P) 20 30 40 50 60 QD Qo 160 80 Deficit = 80 140 100 De fiet =40 Balance (Equilibrium) Surplus = 40 Surplus =80 120 120 100 140 80 160 Market situation Price pressure To the rise To the rise 4 stable Down Down a) Fill in the two columns of the table b) Graph supply and demand c) Calculate the supply equation d) Calculate the demand equation e) Calculate the equilibrium price f) Calculate the equilibrium quantity supplied and demanded

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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ФЫ В А ПРОЯ В А П Р О Л ДЗАПРОЛДЖЭ ФЫВАПРО ВАПРОЛДЗАПРОЛДЖЭ
ЯЧСМИТНЧСМИТЬБНСМИТЬБЮ
SOLVE STEP BY STEP IN DIGITAL FORMAT
Price (P)
20
30
40
50
60
QD Qo
160 80 Deficit = 80
Defict =40
140 100
120 120
100 140
80 160
ЯЧСМИТНЧСМИТЬБНСМИТЬБю
Market situation
Balance (Equilibrium)
Surplus =40
Surplus=80
Price pressure
To the rise
4 To the rise
stable
Down
Down
a) Fill in the two columns of the table
b) Graph supply and demand
c) Calculate the supply equation
d) Calculate the demand equation
e) Calculate the equilibrium price
f) Calculate the equilibrium quantity supplied and demanded
ЙЦУКЕНГШУКЕНГШЩЗКЕНГШЩЗХЪ ЙЦУКЕНГШУКЕНГШЩ ЗКЕНГШ щзхъ
Transcribed Image Text:ФЫ В А ПРОЯ В А П Р О Л ДЗАПРОЛДЖЭ ФЫВАПРО ВАПРОЛДЗАПРОЛДЖЭ ЯЧСМИТНЧСМИТЬБНСМИТЬБЮ SOLVE STEP BY STEP IN DIGITAL FORMAT Price (P) 20 30 40 50 60 QD Qo 160 80 Deficit = 80 Defict =40 140 100 120 120 100 140 80 160 ЯЧСМИТНЧСМИТЬБНСМИТЬБю Market situation Balance (Equilibrium) Surplus =40 Surplus=80 Price pressure To the rise 4 To the rise stable Down Down a) Fill in the two columns of the table b) Graph supply and demand c) Calculate the supply equation d) Calculate the demand equation e) Calculate the equilibrium price f) Calculate the equilibrium quantity supplied and demanded ЙЦУКЕНГШУКЕНГШЩЗКЕНГШЩЗХЪ ЙЦУКЕНГШУКЕНГШЩ ЗКЕНГШ щзхъ
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