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A B C D E F G H | J K L M N O 8 < < < shows oints allocated 1. Demand &

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A B C D E F G H | J K L M N O 8

< < < shows oints allocated 1. Demand & Supply (15) 10 11 12 13 14 15 16 18 19 20 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 42 43 44 45 46 47 A. E. For the demand & supply equations given, fill in the columns & show where equilibrium occurs by bolding the row. D: PD = 500 -2*QD 50 100 150 200 250 300 350 S: Ps = 100 + 2*Qs Own-Price Elasticity of Supply none B. Com ute the own- rice elastici of su pl for all but the first row in the column above. C. Createp SCATTER CHART of the three columns & place in the D. Com ute the Consumer Surplus at thee uilibrium in art A. Compute the Producer Surplus at the equilibrium ip part A. 2. The Production Possibilities Frontier (5) 2.5 2.5 A. Suppose a country producesFood (F)& Shelter (S . Given resources & technology, the production of the goods i? related by the following formula: 4*F2 + 4*S2 = 3600 Fill in the F, S & slope columns with relevant numbers. slo = change F I change S] O none 10 15 20

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