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Supply and Demand
1.
Chapter 4
2.
3.
4.
5.
Demand For 90%
100 1 60 3 40 4 20 7 15 11 5 13 1 17 0 26 Price Quantity
6.
7.
8.
9.
10.
11.
Supply of 90%
150 25 100 19 50 12 35 8 30 7 20 5 10 2 5 1 0 0 Price Quantity
12.
13.
14.
15.
16.
Demand
and Supply Equilibrium Point
17.
18.
Shortages Shortage New
Price Quantity Supplied Quantity Demanded
19.
20.
Surpluses Surplus New
Price Quantity Supplied Quantity Demanded
21.
22.
23.
Example: Increase in
Demand Quantity Price D 1 D 2 S 1
24.
Example: Decrease in
Demand Quantity Price D 1 D 2 S 1
25.
Example: Increase in
Supply Quantity Price D 1 S 1 S 2
26.
Example: Decrease in
Supply Quantity Price D 1 S 1 S 2
27.
Complete the following
chart Increase Increase Decrease Increase Decrease Decrease Decrease Increase Decrease in Supply Increase in Supply Decrease in Demand Increase in Demand Change in Equilibrium Quantity Change in Equilibrium Price
28.