Price (Php/kg) 20 25 Quantity Supplied (qs) of Palay in Luzon (in billion kg) 11 12 Quantity Supplied (qs) of Palay in Visayas (in billion kg) 3.0 3.5 Quantity Supplied (qs) of Palay in Mindanao (in billion kg) 4.0 4.5 Quantity Supplied (qs) of Palay in the Philippines (in billion kg) 1. In one figure, graph the supply curve in Luzon (sL), Visayas (SV), Mindanao (sM) and the market supply curve in the Philippines (SP).

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Price (Php/kg)
20
25
Quantity
Supplied (qs) of
Palay in Luzon
(in billion kg)
11
12
Quantity
Supplied (qs) of
Palay in Visayas
(in billion kg)
3.0
3.5
Quantity
Supplied (qs) of
Palay in
Mindanao (in
billion kg)
4.0
4.5
Quantity
Supplied (qs) of
Palay in the
Philippines (in
billion kg)
1. In one figure, graph the supply curve in Luzon (sL), Visayas (sV), Mindanao (sM) and the market
supply curve in the Philippines (SP).
Transcribed Image Text:Price (Php/kg) 20 25 Quantity Supplied (qs) of Palay in Luzon (in billion kg) 11 12 Quantity Supplied (qs) of Palay in Visayas (in billion kg) 3.0 3.5 Quantity Supplied (qs) of Palay in Mindanao (in billion kg) 4.0 4.5 Quantity Supplied (qs) of Palay in the Philippines (in billion kg) 1. In one figure, graph the supply curve in Luzon (sL), Visayas (sV), Mindanao (sM) and the market supply curve in the Philippines (SP).
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