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Demand a.) using the demand function (QQVXV: 20 - 0.4Px), calculate the quantity demanded assuming the following prices: (15PTS) 1) P 2) P 3) P
Demand a.) using the demand function (QQVXV: 20 - 0.4Px), calculate the quantity demanded assuming the following prices: (15PTS) 1) P 2) P 3) P 15 25 35 b.) based on your answer, present the table and graph (Price vs. Quantity demanded) (10PTS) SUPPW a.) using the supply function (Q55 = -10 + 0.6Px), calculate the quantity demanded assuming the following prices: (15PTS) 1) P 2) P 3) P 25 35 45 b.) based on your answer, present the table and graph (Price vs. Quantity supplied) (10PTS) 3. Using the value below, compute the total demand and present a graph (24PTS) l Prices l Consumer A l Consumer B I Consumer C l Total Demand l l 30 l 3 l 4 | 1 l l l 25 l 6 l 8 | 2 l l l 20 l 9 l 12 | 5 l l l 15 l 12 l 16 | 6 l l l 10 l 15 l 20 | 15 l l l 5 l 13 l 24 | 18 l l 4. Using the value below, compute the total supply and present a graph. (24PTS) Prices l Seller A l Seller B I Seller C l 2 l 10 l 5 | 15 l 4 l 12 l 9 | 19 l 5 l 14 l 11 | 25 l 8 l 16 l 15 | 29 l 10 l 18 l 18 | 34 l 12 l 20 l 21 | 39 l Total Supply
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