Finding the Slope of Linear Demand and Supply Curves Question 1: Demand for Theater Tickets

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Finding the Slope of Linear Demand and Supply Curves
Question 1: Demand for Theater Tickets
Price
$15.00
$5.00
Quantity
2
10
Price
$17.00
$2.00
0.0 +
Question 2: Supply for Theater Tickets
Price
9+2
esiriconosa 161 ruGM sia P3"!
riusMoia PS
0.0
Quantity
15
2
0.0 +
0.0
5-15=-10
10-2 = 8
-1618=-514
2 +155-1.25 p
в тер
0.5
Quantity
3+150
2-17=15
2-15=-13
-151-13=15113
=1.15
Quantity
0=15112
15 (66)42
Transcribed Image Text:Finding the Slope of Linear Demand and Supply Curves Question 1: Demand for Theater Tickets Price $15.00 $5.00 Quantity 2 10 Price $17.00 $2.00 0.0 + Question 2: Supply for Theater Tickets Price 9+2 esiriconosa 161 ruGM sia P3"! riusMoia PS 0.0 Quantity 15 2 0.0 + 0.0 5-15=-10 10-2 = 8 -1618=-514 2 +155-1.25 p в тер 0.5 Quantity 3+150 2-17=15 2-15=-13 -151-13=15113 =1.15 Quantity 0=15112 15 (66)42
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