The demand and supply curves for composition notebooks can be described by the following equations: Demand Qd = 100-20P, Supply Qs = 10+40P Question 1.Complete a demand schedule and a supply schedule for composition notebooks based on

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The demand and supply curves for composition notebooks can be described by the following
equations: Demand Qd = 100-20P, Supply Qs = 10+40P

Question 1.Complete a demand schedule and a supply schedule for composition notebooks based on
the prices $0.5, $1.00, $1.50, $2.00 and $2.50

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Calculate excess supply or demand when P = $2.00. and the  shortage or surplus when P = $0.50.

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