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). 2. Express the individual supply curves and the market supply curve in equation form. 3. Interpret the slope and the intercept of the market supply curve.

b) i. Draw a Demand and Supply diagram for Coffee Beans based on the demand and supply schedule below. Price ($/kg) Quantity Demanded (kg) Quantity Supplied (kg) 2 500,000 300,000 400,000 400,000 4 300,000 500,000 200,000 600,000 6 100,000 700,000 i. What is the equilibrium price and quantity of Coffee Beans? 3.

(Figure: Supply Curves) Yantai Pacific produces and sells home textile products, such as sheet sets and comforters, to several major retailers. Yantai can procure cotton and thread from numerous suppliers. Yantai also has a large pool of applicants to add workers as needed. Which graph BEST represents Yantai's supply? Product A Product C Price A B Product B Supply IVE Quantity Supply 4 Quantity Price Price Supply Quantity Price Product D Supply Quantity

(Figure: Market Demand for Oranges) Consider the figure Market Demand for Oranges. The amount by which the total If the price of oranges is benefits of oranges to consumers exceed consumers' total expenditures on oranges is called B, this quantity is depicted by the area Price (per bushel) 0 producer surplus; BCD consumer surplus; OCDE consumer surplus; BCD net benefit; OBDE Market Demand Quantity (per period)

13. The variety of supply curves The following graph displays four supply curves (LL, MM, NN, and OO) that intersect at point V. PRICE (Dollars per unit) 20 18 16 14 12 10 8 4 2 0 10 M 2 4 N + 8 10 12 QUANTITY (Units) 14 16 M 18 20 (?)

The following table is a supply and demand schedule for the eggs market. PRICE (per dozen eggs) DEMAND (in million dozens) SUPPLY (in million dozens) AED 10 340 160 AED 11 320 200 AED 12 300 240 AED 13 280 280 AED 14 260 320 AED 15 240 360 AED 16 220 400 Based on the above data answer the following questions. Need to use correct units in the answer (AED, million dozens, etc) ( a) What is the equilibrium price? b) What is the equilibrium quantity ? c) Is there a surplus or shortage at AED 16? d) With respect to question c, how much is the surplus or shortage?

The market for pizza has the following demand and supply schedules: Price (Dollars) 4 10 5 6 7 8 9 9 Quantity Demanded Quantity Supplied Į (Pizzas) 135 115 100 90 60 45 Use the blue points (circle symbol) to graph the demand for pizzas. Then use the orange points (square symbol) to graph the supply of pizza. Finally, use the black point (plus symbol) to indicate the equilibrium price and quantity in this market. (Pizzas) 15 50 75 90 100 105 ?

The market for wool in the economy of Odessa is shown in the table below (note that quantities are given in tonnes per year).   Price ($) 100 200 300 400 500 600 700  Quantity demanded 160 140 120 100 80 60 40  Quantity demanded 2                Quantity supplied 10 20 30 40 50 60 70  Quantity supplied 2                 find quantity demanded 2 and quantity supplied 2 from the above table

based on the table how would you graph?

Solve it!