Vegan Burger is a new product on the menus of some student cafeterias at EMU Campus. Table 1 below shows the morithly individual Vegan Burgel demand's of students John, Brenda and Fatima in EMU Campus. Table 2 shows the three campus cafeterias Topsy Cafeteria, Meeting Point and Student's Kitcher's monthly Vegan Burger supply schedules in EMU Campus. a. Complete the market supply and market demand of Vegan Burgers at EMU Campus (4 b. Find out the market equilibrium Price and Quantity for Vegan Byrgers at EMU Campus (2 c. If the market supply of Vegan Burgers decreases by 50% (half) at every price level due to the rise in the cost of production of vegan burgers, calculate the new SUPPLY SCHEDULE at every price, new EQUILIBRIUM PRICE and QUANTITY with new supply schedule (

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Economics
Vegan Burger is a new product on the menus of some student cafeterias at EMU Campus. Table 1 below shows the monthly individual Vegan Burger
demand's of students John, Brenda and Fatima in EMU Campus. Table 2 shows the three campus cafeterias Topsy Cafeteria, Meeting Point and
Student's Kitchen's monthly Vegan Burger supply schedules in EMU Campus.
a. Complete the market supply and market demand of Vegan Burgers at EMU Campus (4
b. Find out the market equilibrium Price and Quantity for Vegan Byrgers at EMU Campus (2
c. If the market supply of Vegan Burgers decreases by 50% (half) at every price level due to the rise in the cost of production of vegan burgers,
calculate the new SUPPLY SCHEDULE at every price, new EQUILIBRIUM PRICE and QUANTITY with new supply schedule (4
Table 1: Vegan Burger Individual Demand Schedules
PYSE
Qu
Somcndi iu Aiks
8.
Queetty dended
Bda
4
Quety demanded
by Fatima
8.
Market
Demand
01L
41L
S1L
3570
101
9.
of
of
Table 2: Vegas Burger Individual Supply Schedules
Questity
Studea
Market
Sepp
lad by
ETee
Motia
510
410
51L
3110
3611
Transcribed Image Text:Vegan Burger is a new product on the menus of some student cafeterias at EMU Campus. Table 1 below shows the monthly individual Vegan Burger demand's of students John, Brenda and Fatima in EMU Campus. Table 2 shows the three campus cafeterias Topsy Cafeteria, Meeting Point and Student's Kitchen's monthly Vegan Burger supply schedules in EMU Campus. a. Complete the market supply and market demand of Vegan Burgers at EMU Campus (4 b. Find out the market equilibrium Price and Quantity for Vegan Byrgers at EMU Campus (2 c. If the market supply of Vegan Burgers decreases by 50% (half) at every price level due to the rise in the cost of production of vegan burgers, calculate the new SUPPLY SCHEDULE at every price, new EQUILIBRIUM PRICE and QUANTITY with new supply schedule (4 Table 1: Vegan Burger Individual Demand Schedules PYSE Qu Somcndi iu Aiks 8. Queetty dended Bda 4 Quety demanded by Fatima 8. Market Demand 01L 41L S1L 3570 101 9. of of Table 2: Vegas Burger Individual Supply Schedules Questity Studea Market Sepp lad by ETee Motia 510 410 51L 3110 3611
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