Global Issues
SS-HS-3.3.1 - Students will explain and give examples of how numerous factors influence the supply and demand of products (e.g., supply—
technology, cost of inputs, number of sellers: demand—income, utility, price of similar products, consumers' preferences).
Plot the following information about this product.
A. The demand schedule is 100 Units - $1, 50 Units - $5, 20 Units - $9.
B. The supply schedule is 20 Units - $4, 40 Units - $5, 80 Units - $8.
C. What is the market price and quantity that will be exchanged at the market?
Plot the following information about this product.
A. The demand schedule is 90 Units - $2, 40 Units - $2, 10 Units - $10.
B. The supply schedule is 10 Units - $4, 30 Units - $6, 80 Units - $9.
C. What is the market price and quantity that will be exchanged at the market?
A. The demand schedule is 100 Units - $3, 50 Units - $6, 10 Units - $9.
B. The supply schedule is 5 Units - $3, 30 Units - $5, 90 Units - $10.
C. What is the market price and quantity that will be exchanged at the market?
A. The demand schedule is 100 Units - $1, 50 Units - $7, 10 Units - $9.
B. The supply schedule is 10 Units - $2, 30 Units - $4, 100 Units - $6.
C. What is the market price and quantity that will be exchanged at the market?
A. The demand schedule is 100 Units - $1, 50 Units - $8, 10 Units - $10.
B. The supply schedule is 10 Units - $1, 30 Units - $3, 100 Units - $4.
C. What is the market price and quantity that will be exchanged at the market?
Make your own supply and demand schedule and graph it.
Demand Schedule ______ units - $_____, ______ units - $_____, ______ units - $_____
Supply Schedule ______ units - $_____, ______ units - $_____, ______ units - $_____
Market Price and Quantity Produced: _______
Make your own supply and demand schedule and have a friend graph it above.
Demand Schedule ______ units - $_____, ______ units - $_____, ______ units - $_____
Supply Schedule ______ units - $_____, ______ units - $_____, ______ units - $_____
Market Price and Quantity Produced: _______