Question: From the table below . Draw Demand Curve (1 marks) Draw supply curve (1 marks) Draw market equilibrium (2 marks) Price (p) Quantity Supplied (Qs)
From the table below .
- Draw Demand Curve (1 marks)
- Draw supply curve (1 marks)
- Draw market equilibrium (2 marks)
| Price (p) | Quantity Supplied (Qs) | Quantity Demanded (Qd) |
| 60 | 1800 | 0 |
| 55 | 1600 | 200 |
| 50 | 1400 | 400 |
| 45 | 1200 | 600 |
| 40 | 1000 | 1000 |
| 30 | 800 | 1200 |
| 20 | 600 | 1400 |
| 10 | 400 | 1600 |
| 0 | 200 | 1700 |
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