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A B C D E F 7 8 9 price 10 supply 1 30 MARKET DATA 2 -- demand 25 Price of spaghetti $15.00 13

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A B C D E F 7 8 9 price 10 supply 1 30 MARKET DATA 2 -- demand 25 Price of spaghetti $15.00 13 Quantity demanded 1924 14 20 Quantity supplied 4188 15 15 Excess demand -2264 6 10 DEMAND DATA 8 5 Income $20,000 9 Price of tacos $6.00 0 0 Price of wine $20.00 O 2000 4000 6000 8000 10000 12 SUPPLY DATA quantity Price of sauce $3.00 Set baseline Price of labor $5.00 values Questions 3 & 4 Per unit tax $0.00

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