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Posted: **Sun May 29, 2022 7:34 pm**

: Supply 30 60 90 120 5 0 150 I Draw Demand And Supply Using A Graph 5 Marks Ii Describe The Situation If Price 1 Pri 1 (23.55 KiB) Viewed 17 times

Supply 30 60 90 120 5 0 150 i. Draw demand and supply using a graph. (5 marks) ii. Describe the situation if Price=1 Price = 4 (6 marks) c. Explain the importance of the 'ceteris paribus' assumption in economic theory (3 marks) Price 0 1 2 3 Demand 100 80 60 40 20