1. Graph the PPF A B D E F Sanitizer(y) Rice (x) 100 95 85 65 35 10 15 20 25 2. Graph the two demand curve and mark Z the point where price is 4 and demand is 20. Price |1 2 3 | 4 5 Demand | 60 50 40 30 20 10 (A) Demand 24 20 16 12 8. 4 (B) 3. Graph the demand curve and if the price is 6 please shade the consumer surplus Price Demand 2 4 8. 10 12 60 50 40 30 20 10

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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1. Graph the PPF
A
D
Sanitizer(y)
Rice (x)
100
95
85
65
35
5
10
15
20
25
2. Graph the two demand curve and mark Z the point where price is 4 and demand is 20.
Price
Demand
1
3
4
60
50
40
30
20
10
(A)
Demand
24
20
16
12
8
4
(B)
3. Graph the demand curve and if the price is 6 please shade the consumer surplus
Price
Demand
| 6
8
2
4
10
12
60
50
40
30
20
10
4. Graph the two supply curve and mark X the point where price is 6 and supply is 6.
Price
2
4
6.
8
10
Supply (A)
Supply (B) 0
3
6.
9
12
15
2
4
6.
8
10
5. Graph the supply curve and if the price is 3 and supply is 9 units please shade the consumer surplus
Price
4
5
Supply (A)
6.
9.
12
15
6. Graph the demand and supply curve. Mark Z the equilibrium point
Price
10
15
20
25
30
Demand
60
50
40
30
20
10
Supply
10
20
30
40
50
60
7. Please shade the total surplus (consumer plus producer surplus)
Price
10
15
20
25
30
Demand
60
50
40
30
20
10
Supply
10
20
30
40
50
60
n o lo
Transcribed Image Text:1. Graph the PPF A D Sanitizer(y) Rice (x) 100 95 85 65 35 5 10 15 20 25 2. Graph the two demand curve and mark Z the point where price is 4 and demand is 20. Price Demand 1 3 4 60 50 40 30 20 10 (A) Demand 24 20 16 12 8 4 (B) 3. Graph the demand curve and if the price is 6 please shade the consumer surplus Price Demand | 6 8 2 4 10 12 60 50 40 30 20 10 4. Graph the two supply curve and mark X the point where price is 6 and supply is 6. Price 2 4 6. 8 10 Supply (A) Supply (B) 0 3 6. 9 12 15 2 4 6. 8 10 5. Graph the supply curve and if the price is 3 and supply is 9 units please shade the consumer surplus Price 4 5 Supply (A) 6. 9. 12 15 6. Graph the demand and supply curve. Mark Z the equilibrium point Price 10 15 20 25 30 Demand 60 50 40 30 20 10 Supply 10 20 30 40 50 60 7. Please shade the total surplus (consumer plus producer surplus) Price 10 15 20 25 30 Demand 60 50 40 30 20 10 Supply 10 20 30 40 50 60 n o lo
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