Directions: Plot the folowing hypothetical demand 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) P150.00 90 P140.00 100 P100.00 130 P 75.00 150 P 60.00 170 P 40.00 200 Price of Bangus (Per Kile) Quantity Supplied (in Thousands) P120.00 700 P100.00 650 P90.00 600 P 75.00 s00 P 60.00 400 PS0.00 300

Directions: Plot the folowing hypothetical demand 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) P150.00 90 P140.00 100 P100.00 130 P 75.00 150 P 60.00 170 P 40.00 200 Price of Bangus (Per Kile) Quantity Supplied (in Thousands) P120.00 700 P100.00 650 P90.00 600 P 75.00 s00 P 60.00 400 PS0.00 300

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Activity 1. Show Me The Plot 1
Directions: Plot the following hypothetical demand 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
90
P 140.00
100
P 100.00
130
P 75.00
150
P 60.00
170
P 40.00
200
Price of Bangus (Per Kile)
Quantity Supplied (in Thousands)
P 120.00
700
P 100.00
650
P 90.00
600
P 75.00
500
P 60.00
400
P S0.00
300

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