Annual Salary ($) Quantity Demanded Quantity Supplied Surplus/Shortage amount Is it a surplus or a shortage 10,000 60,000 1,000 20,000 55,000 5,000 30,000 50,000 5,000 40,000 45,000 13,000 50,000 40,000 15,000 100,000 20,000 20,000 120,000 11,000 30,000 200,000 8,000 35,000 250,000 5,000 40,000 300,000 1,000 45,000 400,000 500 50,000

Annual Salary ($) Quantity Demanded Quantity Supplied Surplus/Shortage amount Is it a surplus or a shortage 10,000 60,000 1,000 20,000 55,000 5,000 30,000 50,000 5,000 40,000 45,000 13,000 50,000 40,000 15,000 100,000 20,000 20,000 120,000 11,000 30,000 200,000 8,000 35,000 250,000 5,000 40,000 300,000 1,000 45,000 400,000 500 50,000

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter5: Buying The Necessities

Section5.2: Cloting Choices

Problem 1R

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