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Scenarig 1 The Orange Patch Farm (OPF) is a grower of oranges and pumpkins. The following provides what Orange Patch Farm would supply for orangejuice
Scenarig 1 The Orange Patch Farm (OPF) is a grower of oranges and pumpkins. The following provides what Orange Patch Farm would supply for orangejuice based on the following prices. At $1.00 per gallon OPF would supply ten thousand gallons of orange juice per season, at $1.50 per gallon OPF would supply fifteen thousand gallons of orangejuice per season, at $2.00 per gallon OPF would supply twenty thousand gallons of orange juice per season, and at $3.00 per gallon OPF would supply thirty thousand gallons of orange juice per season. Create an OPF Individual Supply Curve to the right. Sl'i 2 The following provides what Other Producers (OP) would supply for orange juice based on the following prices. At 31.00 per gallon 0P would supply a hundred thousand gallons of orange juice per season, at $1.50 per gallon OP would supply one hundred and fty thousand gallons of orange juice per season, at $2.00 per gallon OP would supply two hundred thousand gallons of orange juice per season, at $3.00 per gallon OP would supply three hundred thousand gallons of orange juice per season. In the space to the right create a Market Supply Schedule for DJ. PRICE QUANTITY
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