Problem #2 Suppose the Demand schedule of Rice was been revised during February 2021. Graph the schedule of rice during January and February in a 2-dimensional cartesian coordinate plane and determine the shift of the demand curve for rice. Table 4.1.5 Demand Schedule for Rice Table 4.1.6 Demand Schedule for Rice During January 2021 Quantity Demanded (kg) 11 kg 17 kg 28 kg 35 kg 43 kg During February 2021 Quantity Demanded (kg) 4 kg 6 kg 8 kg 15 kg 23 kg Point Price (Peso) Point Price (Peso) P123.50 P104.00 B P114.50 B PI01.00 C P98.00 P98.00 D P87.50 P87.50 E P75.50 P75.50

Problem #2 Suppose the Demand schedule of Rice was been revised during February 2021. Graph the schedule of rice during January and February in a 2-dimensional cartesian coordinate plane and determine the shift of the demand curve for rice. Table 4.1.5 Demand Schedule for Rice Table 4.1.6 Demand Schedule for Rice During January 2021 Quantity Demanded (kg) 11 kg 17 kg 28 kg 35 kg 43 kg During February 2021 Quantity Demanded (kg) 4 kg 6 kg 8 kg 15 kg 23 kg Point Price (Peso) Point Price (Peso) P123.50 P104.00 B P114.50 B PI01.00 C P98.00 P98.00 D P87.50 P87.50 E P75.50 P75.50

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter3: Market Demand And Supply

Section: Chapter Questions

Problem 20SQ

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