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

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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The graph below shows the market for pineapples.
Pnew (dolbera par pound)
$4.00
$9.50
$3.00
$2.50
$2.00
$1.50
$1.00
$0.50
Market for Pingupplas
4150
62.00
10
52 50
200
Preu (dekura per pod)
81 56
unst
20
Instructionat Enter your answera sa a whole number
a. Whes are the initial equilibrium griez ond quantity in the pineapple markust?
P-S
per pound
$1.00
Now auppaac an increac in tropical cuisine made with pincopplea ahoa the demand curve for pincapcle aa ahawn in the groch
below.
0
3.0
3
Quently (lon)
40
tana of gincapples
10
Market for Pineapples
20
30
0
A(
8.0
Quesilly (D
D
60
b. Which of the lalamno aries and guomity combines ons baat daBorbos the new boudarnos in use market for ginooppica?
D-2250 par pound and O-35 Un
D-3225 ger Cound and 0-22 len
P-3200 par pound and 0-20 tani
10-12.00 par pound ond 0-22 lon
Transcribed Image Text:The graph below shows the market for pineapples. Pnew (dolbera par pound) $4.00 $9.50 $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 Market for Pingupplas 4150 62.00 10 52 50 200 Preu (dekura per pod) 81 56 unst 20 Instructionat Enter your answera sa a whole number a. Whes are the initial equilibrium griez ond quantity in the pineapple markust? P-S per pound $1.00 Now auppaac an increac in tropical cuisine made with pincopplea ahoa the demand curve for pincapcle aa ahawn in the groch below. 0 3.0 3 Quently (lon) 40 tana of gincapples 10 Market for Pineapples 20 30 0 A( 8.0 Quesilly (D D 60 b. Which of the lalamno aries and guomity combines ons baat daBorbos the new boudarnos in use market for ginooppica? D-2250 par pound and O-35 Un D-3225 ger Cound and 0-22 len P-3200 par pound and 0-20 tani 10-12.00 par pound ond 0-22 lon
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