NEEDED IN 1 HOUR, THANK YOU

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