assume that the price levels for a product is :[11,9,7,4,2], then create a table showing the Qd and Qs ,with assumed values and then calculate the surplus/deficit on supply showing Market equilibrium at level of price of 11 JD , Then sketch its aranh

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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assume that the price levels for a product is
:[ 11,9,7,4,2], then create a table
showing the Qd and Qs ,with assumed
values and then calculate the surplus/deficit
on supply showing Market equilibrium at
level of price of 11 JD , Then sketch its
graph .
Transcribed Image Text:assume that the price levels for a product is :[ 11,9,7,4,2], then create a table showing the Qd and Qs ,with assumed values and then calculate the surplus/deficit on supply showing Market equilibrium at level of price of 11 JD , Then sketch its graph .
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