Price Demand(000) Supply(000) 200 100 220 180 120 200 160 140 180 140 160 160 120 180 140 100 200 120 80 220 100 1. Plot demand and supply curves. 2. What is the equilibrium price and quantity? 3. What would be the effect of Sunny charging 80?

Price Demand(000) Supply(000) 200 100 220 180 120 200 160 140 180 140 160 160 120 180 140 100 200 120 80 220 100 1. Plot demand and supply curves. 2. What is the equilibrium price and quantity? 3. What would be the effect of Sunny charging 80?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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