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6 00:56:55 The table below shows the market demand and supply schedules for pumpkins. (1) Price ($ per pumpkin) $10.00 8.00 6.00 4.00 2.00 (2)
6 00:56:55 The table below shows the market demand and supply schedules for pumpkins. (1) Price ($ per pumpkin) $10.00 8.00 6.00 4.00 2.00 (2) (3) Quantity Demanded Quantity Supplied (pumpkins per (pumpkins per month) month) 23,000 33,000 43,000 53,000 63,000 33000 36000 31000 26000 16,500 (4) Surplus (+) or Shortage (-) a. Complete the column (3) in the accompanying table. 32,000 16,000 0 -16,000 -32,000 (5) New Quantity Supplied (pumpkins per month) 38,000 33,000 28,000 23,000 16,000 (6) New Surplus (+) or Shortage (-) V
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