Engineering, 01.04.2021 18:40 corrineikerd

Assignment: Chapter 8 х
E Chapter 8 Test: Equilibrix
1 Meet - ryk-imej opu
0 x
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Combining Supply and Demand
Scenario: The following shows a demand and supply schedule listing NBA Finals tickets demanded
and supplied (in the thousands) per week at each price.
Complete the chart by typing in the correct answer in each box (answers should be numbers)
o Hint: You always follow this when calculating your answers (Big # - Small #)
After completing the chart, answer the questions below:
Price Per
Ticket
Quantity Quantity
Demanded (QD) Supplied (QS)
Shortage (QD-QS)
Surplus (QS-QD)
Equilibrium (QD=QS)
$300
2
25
$285
8
21
$270
11
17
$255
13
13
$240
18
$225
15
13
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Assignment: Chapter 8 х
E Chapter 8 Test: Equilibrix
1 Meet - ryk-imej opu
0 x

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