Question: Graph 1 (graph your Taco Equilibrium) Graph your individual demand schedule for Tacos. Draw a supply curve (just draw any supply curve). What is the

Graph 1 (graph your Taco Equilibrium)

  1. Graph your individual demand schedule for Tacos.
  2. Draw a supply curve (just draw any supply curve).
  3. What is the equilibrium price and quantity?

Graph 2 (pick increase or decrease in demand)

  1. What if demand increased, what would happen to Price and Quantity? Graph.
  2. What if demand decreased, what would happen to Price and Quantity? Graph.

Graph 3 (pick increase or decrease in supply)

  1. What if supply increased, what would happen to price and quantity? Graph.
  2. What if supply decreased, what would happen to price and quantity? Graph.

Graph 4 (pick increase/decrease in demand and supply)

  1. What if both demand and supply, changed, what would happen to price and quantity?
Graph 1 (graph your Taco Equilibrium)Graph your individual demand schedule for Tacos.Draw

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