Use the graph below to answer questions 9 and 10 Price ($) 8 Supply 6 4 2 Demand Quantity 300 100 200 0 If price is $4, the area between the demand curve and price is equal to: 400 9. d. 800 600 b. 200 C. га. If price is $4, the area between the supply b. curve and price is equal to: 600 10. 400 d. 800 200 с. а. 22 Chapter 1 Appendix Assignments

Use the graph below to answer questions 9 and 10 Price ($) 8 Supply 6 4 2 Demand Quantity 300 100 200 0 If price is $4, the area between the demand curve and price is equal to: 400 9. d. 800 600 b. 200 C. га. If price is $4, the area between the supply b. curve and price is equal to: 600 10. 400 d. 800 200 с. а. 22 Chapter 1 Appendix Assignments

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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