The diagram to the right shows the supply and demand

curves for SUV's in a

particular geographical area.

(in thousands)

20

Assume that all SUV's sell for the same market

-

determined price. The diagram shows factors that

might cause a shift in the supply and demand curves.

What would be the equilibrium price of an SUV in this

10

market be?

__________

per sedan

What would be the equilibrium quantity for SUV's

bought and sold?

100

200

300

400

500

__________

per month