Directions: Plot the following hypothetical dem and schedule of pork and supply schedule bangus in the market in a graphing paper and explain each graph. Price of Beef (Per Kilo) Quantity Demanded (In Kilos) P 150.00 P 140.00 90 100 P 100.00 130 6|Page P 75.00 150 P 60.00 170 P 40.00 200 Price of Bangus (Per Kilo) Quantity Supplied (In Thousands) P 120.00 P 100.00 P 90.00 P 75.00 P 60.00 P 50.00 700 650 600 500 400 300
Directions: Plot the following hypothetical dem and schedule of pork and supply schedule bangus in the market in a graphing paper and explain each graph. Price of Beef (Per Kilo) Quantity Demanded (In Kilos) P 150.00 P 140.00 90 100 P 100.00 130 6|Page P 75.00 150 P 60.00 170 P 40.00 200 Price of Bangus (Per Kilo) Quantity Supplied (In Thousands) P 120.00 P 100.00 P 90.00 P 75.00 P 60.00 P 50.00 700 650 600 500 400 300
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Directions: Plot the following hypothe tical dem and schedule of pork and supply schedule of
bangus in the market in a graphing paper and explain each graph.
Price of Beef (Per Kilo)
Quantity Demanded (In Kilos)
P 150.00
P 140.00
90
100
P 100.00
130
6|Page
P 75.00
150
P 60.00
170
P 40.00
200
Price of Bangus (Per Kilo)
Quantity Supplied (In Thousands)
P 120.00
P 100.00
P 90.00
P75.00
P 60.00
P 50.00
700
650
600
500
400
300
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