Name: parisi Mr. Moon Graphing Supply and Demand: Price Equilibrium 1.) Identify all of the parts of the graph: PRICE A. B A E P B D Q+ QUANTITY Graph the following: 2.) Draw a graph for the Demand and Supply Schedule below. Price of Quantity Quantity New chicken Demanded Supplied Quantity wings Supplied $2.00 12 2 $3.00 10 4 $4.00 8 6 $5.00 6 8 $6.00 4 10 $7.00 2 12 3.) What price is your market equilibrium? 4.) New cage laws decrease supply. Present this on the Schedule AND Graph. 5.) What is your new market equilibrium