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Given the following market schedule, suppose that the government * 2 point mpose floor price which is PHP 26, how much is the shortage or
Given the following market schedule, suppose that the government * 2 point mpose floor price which is PHP 26, how much is the shortage or surplus? (Note: Your answer must be in whole number). Price (in pesos) Demand Supply PHP 18 64 52 PHP 22 56 68 PHP 24 52 76 Your answer Given the following market schedule, how much is the total revenue 2 points considering the equilibrium price and quantity? (Note: Your answer must be in whole number). Price (in pesos) Demand Supply PHP 18 64 52 PHP 22 56 68 PHP 24 52 76 Your answer Given the following market schedule, which of the following option is the * 2 points correct demand equation? Price (in pesos) Demand Supply PHP 18 64 52 PHP 22 56 68 PHP 24 52 76 O Qd = 20-4P Qd = 100-2P Qd = 5 - 0.25P Qd=50 - 0.5P Given the following market schedule, suppose that the government * 2 point impose price ceiling which is PHP 12, how much is the shortage or surplus? (Note: Your answer must be in whole number). Price (in pesos) Demand Supply PHP 18 64 52 PHP 22 56 68 PHP 24 52 76 Your answer Given the following market schedule, which of the following option is the * 2 points correct supply equation? Price (in pesos) Demand Supply PHP 18 64 52 PHP 22 56 68 PHP 24 52 76 O Qs = -20+4P Qs = -100+2P Qd = 5 + 0.25P Qd=50 + 0.5P Given the following market schedule, how much quantity of goods * 2 point should be traded to achieve equilibrium? (Note: Your answer must be in whole number). Price (in pesos) Demand Supply PHP 18 64 52 PHP 22 56 68 PHP 24 52 76 Your answer Given the following market schedule, how much is the market * 2 points equilibrium price? (Note: Your answer must be in whole number). Price (in pesos) Demand Supply PHP 18 64 52 PHP 22 56 68 PHP 24 52 76
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