Supply and Demand Worksheet - Richmond County School ...
Supply and Demand Worksheet NAME: ______________________
1. Create a demand graph using the following table of values:
|PRICE |QUANTITY |
|10 |500 |
|20 |450 |
|30 |400 |
|40 |350 |
|50 |300 |
|60 |250 |
|70 |200 |
2. Create a supply graph using the following table of values:
|PRICE |QUANTITY |
|10 |200 |
|20 |250 |
|30 |300 |
|40 |350 |
|50 |400 |
|60 |450 |
|70 |500 |
3. Using the graphs above, what is the quantity demanded if the price is $10? ____________
4. Using the graphs above, what would be the quantity demanded at a price of $80? _________. Why is the demand at $80 lower than it is at $10?
5. Create a graph by plotting the quantities both tables above into the graph below. Make the demand quantity plots one color and the supply quantity plots another color. After your plots are done, connect the lines and be sure to make the demand and supply lines different colors. At which point do the two lines intersect? What is the price of this intersection? This is how we determine what things are worth!
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- lesson plans for high school civics government and
- checking account debit card simulation and
- hspt practice exam bishop mcnamara high
- teach money workbook incharge debt solutions
- what is economics
- lesson 04 supply and demand whitmore school
- economics with emphasis on the free enterprise
- unit 2 lesson 2 1 you supply they demand
- sample questions grade 12 economics
- teacher lesson plan 1 safe work general module
Related searches
- richmond county school augusta ga
- richmond county school calendar
- richmond county school start date
- richmond county school schedule
- richmond county school calendar 2020 2021
- richmond county school job opening
- supply and demand graph calculator
- supply and demand curve calculator
- amazon supply and demand data
- supply and demand questions econ
- supply and demand of starbucks
- starbucks supply and demand chart