The graph below shows the market for pineapples. Pnew (dolbers par pound) $4.00 59.50 53.00 52.50 $2.00 $1.50 $1.00 90.50 Market for Pineapples Q- 10 5130 $3.00 52.50 hinterak 20 $2.00 21.50 $1.00 Price (dollars per pound) $4.00 20.50 30 Querbly (los) Instructions: Enter your answers as a whole number a. What are the initial equilibrium price and quantity in the pineapple market? P-S per paund 40 tans of pineapples Now suppose an increase in tropical cuisine made with pincopples shAs the demand curve for pineapple as shown in the graph below. 10 Market for Pineapples 20 50 30 0 whe All Quantity (ms) 60 50 60 Which of the folemnd arise and quartty combinasons best deaeribes the new caufarum in the market for gineapplica? D-3250 par pound and O-35 tana D-$225 per peural and O-22 tena P-3200 par pound and 0-20 ton D-12.00 or pound end 0-22 tons
The graph below shows the market for pineapples. Pnew (dolbers par pound) $4.00 59.50 53.00 52.50 $2.00 $1.50 $1.00 90.50 Market for Pineapples Q- 10 5130 $3.00 52.50 hinterak 20 $2.00 21.50 $1.00 Price (dollars per pound) $4.00 20.50 30 Querbly (los) Instructions: Enter your answers as a whole number a. What are the initial equilibrium price and quantity in the pineapple market? P-S per paund 40 tans of pineapples Now suppose an increase in tropical cuisine made with pincopples shAs the demand curve for pineapple as shown in the graph below. 10 Market for Pineapples 20 50 30 0 whe All Quantity (ms) 60 50 60 Which of the folemnd arise and quartty combinasons best deaeribes the new caufarum in the market for gineapplica? D-3250 par pound and O-35 tana D-$225 per peural and O-22 tena P-3200 par pound and 0-20 ton D-12.00 or pound end 0-22 tons
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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