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COMPUTATION. Provide the answer for the requirements below. Show all necessary computations. Present your answer neatly and orderly. Given: Price/unit Quantity Quantity (Pesos) 20 30
COMPUTATION. Provide the answer for the requirements below. Show all necessary computations. Present your answer neatly and orderly. Given: Price/unit Quantity Quantity (Pesos) 20 30 (a) 240 (m) 40 60 (b) 200 (1) 60 90 (C) 160 (n) 80 120 (d) 120 (0) 100 150 (e) 80 (P) 120 180 (f) 40 (q) Required: Derive the following: a. supply equation b. demand equation c. equilibrium quantity d. equilibrium price e. price elasticity of demand 1. form a to b 2. from e to f f. price elasticity of supply 1. from | to n 2. from o to p
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