Calculate equilibrium price and equilibrium quantity and fill the following columnQd = 1,400 – 10POs = -400 + 20POs2 = -400 – 10POs3 = -400 – 15Pe.Table – 3Šupply =1,400 – 10P -400 + 20PSupply2 =-400 + 10PSupply3 =400 + 30PPriceDemand =0.20406080100120140160Draw the three supple functions and one demand curves according to the estimation inthe table-3 and point out equilibrium levelsf.16014012010080604020600700800900100011001200400500

Price Demand=1400-10P Supply1=-400+20P Supply2=-400+10P Supply3=-400+30P 0 1400 -400 -400 -400…

Calculate equilibrium price and equilibrium quantity and fill the following column Qd = 1,400 - 10P Os = -400 + 20P Os2 = -400 – 10P Os3 = -400 – 15P Table – 3 Supply2 = -400+ 10P Supply; = -400 + 30P Price Demand = 1,400 – 10P Supply = -400 + 20P 20 40 60 80 100 120 140 160 Draw the three supple functions and one demand curves according to the estimation in the table-3 and point out equilibrium levels 160 140 120 100 80 60 40 20 600 700 800 900 1000 1100 1200 400 500

Calculate equilibrium price and equilibrium quantity and fill the following column Qd = 1,400 - 10P Os = -400 + 20P Os2 = -400 – 10P Os3 = -400 – 15P Table – 3 Supply2 = -400+ 10P Supply; = -400 + 30P Price Demand = 1,400 – 10P Supply = -400 + 20P 20 40 60 80 100 120 140 160 Draw the three supple functions and one demand curves according to the estimation in the table-3 and point out equilibrium levels 160 140 120 100 80 60 40 20 600 700 800 900 1000 1100 1200 400 500

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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