Date Name ONTHOASTER SECTION RETEACHING ACTIVITY Seeking Equilibrium:Supplyzooi19 S 1 and Demand ono simonood pnieU enoitsusie enisiopsis) .A A. Applying Economic Concepts lupo zuideristomaro minm wol earl mokeyz song andT Study the market demand and supply schedule: It gives economic information aboutloss beosl vonsipills promotional toothbrushes dentists can order to give their patients, Use the information from yz song pd) to the market demand and supply schedule to create a market supply curve and a market demand curve for the promotional toothbrushes. Draw your curves on the grid below, beatslen zew sivorn ads 1 51012 9 soismand baggoib Price per Quantity Quantity Toothbrush 0.70 Supplied Demanded (in dollars) 13909.60 0.10 200 5,000 tol s 0.50 0.20 to1 on 500 onTOO 4,000 19ve bol end r toothbrush 0.25 1,000 3,500 8 . CHAPTER 6 0.30 0.30 18 2530 1,750 myme 2,875 0 dil -8 xin of ald In A . E 0.35 21 952 500 2,500 2019 0.20 Elsiup 13982 bsvi 0.40 3,250 1,750 0.10 0.45 4, 125 1,125 1,000 2,000 3,000 4,000 5,000 6,000 7,000 0.50 5,200 ala Is2 vorIT ." Quantity of toothbrushes esorq side A D 101 328 750 plans bas mo lise yblowup' edt 0.65 6,500 250 B. Analyzing and Interpreting Data etgeono simontoo: gninisiqx3 .8 sri stirw . salt ai mamsinte edi'll . sun ai insmaisie ed; fi smil Anald och do "our smy 1. a. Circle the point of market equilibrium on the market supply and demand curves. shointe belosToo b. What is the equilibrium price?onon 2. If the producer decided to sell the toothbrushes for $0.40, would there be a shortage or a surplus of toothbrushes? Explain and tell how big the shortage or surplus would be. Jonism a Tons of siriis boog a al fi Bill andouboiq of alongie ogsrode A 3. If the producer decided to sell the toothbrushes for $0.25, would there be a shortage or a surplus of toothbrushes? Explain and tell how big the shortage or surplus would be. 0 alsoubori . 4. a. Use arrows to show how a new technology that makes it easier and cheaper to print on plastic would change the market supply curve. b. What would happen to the equilibrium price? Economics: Concepts and Choices hapter 6: Demand, Supply, and Prices Reteaching Activity 49 Standards-Based Assessment