assume that the price levels for a product is :[11,9,7,4,2], then create a table showing the Qd and Qs ,with assumed values and then calculate the surplus/deficit on supply showing Market equilibrium at level of price of 11 JD , Then sketch its aranh

assume that the price levels for a product is :[11,9,7,4,2], then create a table showing the Qd and Qs ,with assumed values and then calculate the surplus/deficit on supply showing Market equilibrium at level of price of 11 JD , Then sketch its aranh

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter1A: Appendix: Working With Graphs

Section: Chapter Questions

Problem 1E

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assume that the price levels for a product is
:[ 11,9,7,4,2], then create a table
showing the Qd and Qs ,with assumed
values and then calculate the surplus/deficit
on supply showing Market equilibrium at
level of price of 11 JD , Then sketch its
graph .

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