MorewutkIGHT UNT 12. Market equilibrium and disequilibrium The following graph shows the monthly demand and supply curve

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Morewutkight Unt 12 Market Equilibrium And Disequilibrium The Following Graph Shows The Monthly Demand And Supply Curve 1 (31.6 KiB) Viewed 10 times

Morewutkight Unt 12 Market Equilibrium And Disequilibrium The Following Graph Shows The Monthly Demand And Supply Curve 2 (32.31 KiB) Viewed 10 times

MorewutkIGHT UNT 12. Market equilibrium and disequilibrium The following graph shows the monthly demand and supply curves in the market for keyboards, use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey aid will change accordingly Graph Input Tool Market for Keyboards Supply Price (Doles per keyboard) Quantity Supplied (Keyboard) 100 Quantity Demanded (Keyboard) PRICE (Dolars per keyboar +-- Demand HOLD 16 310 C A-Z 0 D Z W POT. 125 PM 5/28/3022
Homework (Ch 04) PRICE (Do thand 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Keyboards) The equilibrium price in this market is 3. per keyboard, and the equilibrium quantity is keyboards bought and sold per month Complete the following table by indicating at each price whether there is a shortage or surplus in the market, the amount of that shortage or surplus and whether this places upward or downward pressure on prices. Price Shortage or Surplus Amount (Keyboards) Pressure (Dollars per keyboard) Shortage or Surplus 32 48 10 @ @ B D x AZ -.+ 125 PM 5/28/2002 B ©