Question: Grade/Section: Name: PERFORMANCE TASK # 1 Problem Solving: ( 30 points) Directions: Analyze the problem. The following are sets of data taken from Company V.

 Grade/Section: Name: PERFORMANCE TASK # 1 Problem Solving: ( 30 points)

Grade/Section: Name: PERFORMANCE TASK # 1 Problem Solving: ( 30 points) Directions: Analyze the problem. The following are sets of data taken from Company V. The price, demand and supply of milkfish ( bangus ). Plot the price, quantity of demand and supply. Locate and identify the point of equilibrium and explain the market equilibrium, price equilibrium, quantity equilibrium. PRICE Quantity Demanded Quantity Supplied 400 10 90 350 300 250 200 19 9 8 150 40 100 30 50 8 EXPLAINATION

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