The following table is a demand and a supply schedule for pens. Price
AED
Quantity
Demanded
Per day
Quantity
Supplied
Per day
1
28
4
2
24
8
3
20
12
4
16
16
5
12
20

Using the table above, respond to the following:

1. Plot the demand and supply curves for the pens market and label the axis and each curve. On the graph show the equilibrium point. (2 marks)
2. Determine the equilibrium price and quantity (1 mark)

3. At the equilibrium price, is there a surplus or shortage and how much is it. (1 mark)

4. At price AED 3, describe the situation of the market and show it on the figure. (1 mark)

5. From question 4 above, how much is this surplus or shortage? (0.5 marks)

6. In this case, will the price increase or decrease? (0.5 marks)

Brainliest to who answers! what is the function of a purchasing cooperative, or co-op?

Voters commonly condemn politicians for being insincere, but politicians often must disguise their true feelings when they make public statements. if they expressed their honest views—about, say, their party's policies—then achieving politically necessary compromises would be much more difficult. clearly, the very insincerity that people decry shows that our government is functioning well. which of the following, if true, most seriously undermines this reasoning? (a) achieving political compromises is not all that is necessary for the proper functioning of a government. (b) some political compromises are not in the best long-term interest of the government. (c) voters often judge politicians by criteria other than the sincerity with which they express their views. (d) a political party's policies could turn out to be detrimental to the functioning of a government. (e) some of the public statements made by politicians about their party's policies could in fact be sincere.

Dunkin' donuts is expanding in several different countries. its stores offer curry doughnuts in india, dulce de leche doughnuts in peru, and cherry brandy doughnuts in germany. this is an example of segmentation based primarily on: