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microeconomics D. Draw a supply and demand graph showing an equilibrium price of $50 and an equilibrium quantity of 200 units. Explain what would happen

microeconomics

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D. Draw a supply and demand graph showing an equilibrium price of $50 and an equilibrium quantity of 200 units. Explain what would happen if the selling price was $75, and illustrate this on the graph. Explain what would happen if the selling price was $25, and illustrate this on the graph. Be sure to label each axis and curve on the graph. E. The market force of demand and supply. a. Find the difference of quantity demanded and quantity supply of apples. b. Analyze the situation whether surplus or shortage. c. Determine the price change. d. Use the following information to draw a graph of the demand curve and supply curve. Be sure to label the curves and each axis, and show each point on the curves. e. Determine the Equilibrium of each curve. Price Q Demanded Q Supplied QD - QS Situation Price Change 2 100 60 4 90 70 6 80 80 8 70 90 10 60 100

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