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Applied Economics

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20 views1 page

Applied Economics

Uploaded by

Tremolo back
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Name : Jaser Rae M.

Llena Date: 01/26/22


Grade level: Creative Learners

1. Using the following demand function, solve for the demand schedule of consumer Robert given
the following prices for bottled water.
2. What is the equilibrium price and equilibrium quantity demanded and supplied?
3. Based on this schedule, construct a demand curve for Robert.

Demand function: D=60-P/2

PRICE QUANTITY DEMAND (Qd)


Php 0.00 60
Php 2.00 59
Php 4.00 58
Php 6.00 57
Php 8.00 56
Php 10.00 55
Php 12.00 54
Php 14.00 53
Php 16.00 52

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