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Given the following demand and supply schedules for banana, you solve for the following problems. Show your solutions. Price Category of Price Category of Quantity

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Given the following demand and supply schedules for banana, you solve for the following problems. Show your solutions.

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Price Category of Price Category of Quantity Quantity price price Price demanded Elasticity of Elasticity of POINT supply per demand elasticity elasticity (in Pesos) per week week (demand) Supply (supply) (in kilos) (in kilos) (2 points (2 points (2 points (2 points each) each) each) each) A 28 110 50 B 32 94 74 C 36 78 98 D 38 70 110 E 40 62 122 F 44 46 146

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