concept: supply and demand · 21,780 2) demand curve equation supply curve s(q) = demand curve,...

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Understanding Graphs Pg.1 Concept: Supply and Demand

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Page 1: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.1

Concept: Supply and Demand

Page 2: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.2

Page 3: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.3

Page 4: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.4

Page 5: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.5

Solution Set-Up Continued

Page 6: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.6

Solution Set-Up Continued

Page 7: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.7

Page 8: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.8

Finding the Solution Continued

Page 9: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.9

Page 10: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.10

Page 11: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.11

Correct! Compare your solution Continued

Page 12: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.12

Page 13: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.13

Page 14: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.14

Correct! Compare your solution Continued

Page 15: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.15

Page 16: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.16

Page 17: Concept: Supply and Demand · 21,780 2) Demand Curve Equation Supply curve s(q) = Demand curve, D(q), is linear. Since the demand curve is linear, then it has the form D(q) = p =

Understanding Graphs Pg.17