Create a Supply and Demand line graph from the data below for the milk market. Price is
Fantastic news! We've Found the answer you've been seeking!
Question:
Create a Supply and Demand line graph from the data below for the milk market. Price is the price per gallon, Qd stands for the Quantity Demanded of milk(the number of gallons being demanded at the stated price) and Qs stands for Quantity Supplied of milk (the number of gallons that is being offered for sale or supplied at the stated price).
Make sure that both lines are on the same graph.
Demand Table | |
Price | Qd (gallons) |
$10 | 1,000 |
$20 | 900 |
$30 | 800 |
$40 | 700 |
$50 | 600 |
Supply Table | |
Price | Qs (gallons) |
$10 | 600 |
$20 | 700 |
$30 | 800 |
$40 | 900 |
$50 | 1,000 |
Related Book For
Posted Date: