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0000010016 00000 n 0000001877 00000 n 0000013291 00000 n endobj <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 0000055491 00000 n 0000001658 00000 n !fk̵ d�Y�����C�]�~R��Y���*���d���!ڲ� �. %PDF-1.5 ��ࡱ� > �� @ B ���� ? 0000007552 00000 n Th d d The demand curve The supply curve Factors causing shifts of the demand curve and shifts of the supply curve. 0000045332 00000 n 0000000016 00000 n 0000002041 00000 n 27 38 2 0 obj startxref 0000002689 00000 n 0000003316 00000 n Price Quantity 0 Plot your supply curve using the information above on the same chart as you plotted your demand curve. When prices are high enough, producers are willing to sell. 0000003392 00000 n Part V: Read Chapter 5 Sections 3 & 4. <>>> 0000008582 00000 n Create a supply graph using the following table of values: PRICE QUANTITY 10 … trailer
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0000037453 00000 n Label it supply curve. x��Ymo7�)��R��)�ﻋ$iI4� T�*:¥DM�\���;�w���W�H�������yf�9��aO��gG�������8ႜ]��q����4�m�i[�rv������������J.��Ձ^|���su ��^l��Tf�]�;9�i��у�ՊQ>F}�)9~yHȈ%����L(bAk�: F7+�E��j������&�(�`~G�h*�M)�JR&��)[8%ڒ��a�M��9�Ã�[|-&�8�i��a��aBS"��D��T��\�Tb�F8�7oOO+�x�n�C��RҊ"e7�&�㚶&��ʓCfpP��y\*ʛpј��v����� � �T)�^��]>�a��l�U�6T����_�. <> 0000001479 00000 n Respond to the following prompts about the reading.
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0000030807 00000 n Using the product from your demand worksheet, we will create a supply schedule using the chart below. 0000045752 00000 n 0000004445 00000 n
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Create a demand graph using the following table of values: PRICE QUANTITY 10 500 20 450 30 400 40 350 50 300 60 250 70 200 2. 0000007116 00000 n Demand •The quantity demanded (corresponding to a price) of any good is the amount of the good that buyers are willing and able to purchase at this price •Law of demand: Other things being equal, when the price of a good rises, the quantity demanded of the good … �������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������� [� �� � bjbj7�7� 4&. 0000005491 00000 n Supply and Demand Worksheet NAME: _____ 1. This is where the laws of supply and demand come in. Pricing is important because when prices are low enough, consumers are willing to buy. 1. Market equilibrium Demand and supply shifts and equilibrium prices The Demand Curve 2 The demand curve… Graphically shows how much of a good consumers are 0000045566 00000 n 0000037889 00000 n 0000007774 00000 n 4 0 obj %����
0000002804 00000 n Combined together, supply and demand drive the economy by influencing what is produced and by setting prices. 27 0 obj <> endobj 0000003059 00000 n