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Exhibit 3-12 ---------------------------------------------------Quantity Supplied -------------------------------------------- Price Aline Bentley Calvin Daniel Market $6 22 20 6 0 (A) 7 24 22 10 5 (B) 8 26

Exhibit 3-12

---------------------------------------------------Quantity Supplied --------------------------------------------

Price Aline Bentley Calvin Daniel Market
$6 22 20 6 0 (A)
7 24 22 10 5 (B)
8 26 24 13 10 (C)
9 30 26 17 15 (D)
10 35 28 22 20 (E)
11 50 30 32 30 (F)

Assume that Aline, Bentley, Calvin, and Daniel are the only sellers in this market.

Refer to Exhibit 3-12. Fill in blanks (A) and (B) respectively with the market quantity supplied at each given price.

a. 12.25; 14.75
b. 49; 59
c. 48; 61
d. 8.00; 8.71

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