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Supply and Demand Problem Set[1] Use the following graph to answer questions 1 through 3: 30 2P500fPrice 105- 100+ 95- 90+ 85+ 80+ 75+ 70+

Supply and Demand Problem Set[1]

Use the following graph to answer questions 1 through 3:

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30 2P500\fPrice 105- 100+ 95- 90+ 85+ 80+ 75+ 70+ 65+ 60+ 55+ 50- 45 - 40 - 30- 25 - 20+ 15+ 10+ + +3 8 8 9 10 17 12 13 14 15 16 19 18 19 20 21 22 23 24 25 26 Quantity -+Price 105- 100+ 95- 90+ 85+ 80+ 75+ 70+ 65+ 60+ 55+ 50- 45 - 40 - 30- 25 - 20+ 15+ 10+ + +3 8 8 9 10 17 12 13 14 15 16 19 18 19 20 21 22 23 24 25 26 Quantity -+

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