Refer to the table below. fill in the surplus-shortage column (gray-shaded cells).

relate to the dining table below. Fill-in the surplus-shortage line
(grey cells). Guidelines: Enter your responses as entire figures.
If you’re entering any bad figures make sure you integrate a
bad indication (-) facing those figures. Guidelines: Refer to the table below. Fill in the surplus-shortage column
(gray cells).
Instructions: Enter your answers as whole numbers.
If you are entering any negative numbers be sure to include a
negative sign (-) in front of those numbers.

A. What is the equilibrium price in this market? $________
At what price is there neither a shortage nor
a surplus? $________ 
B. Graph the demand for wheat and the supply of wheat. Be sure
to locate the equilibrium price and quantity.
Instructions: Use the tools provided Supply and
Demand to draw the demand and supply curves using the data in the
table. Include each price-quantity combination. Each line should
contain 6 reference points. Then use the tool provided Eq to
identify the equilibrium price and quantity.

Instructions: Enter all numeric values without
a minus sign.
C. How big is the surplus or shortage at $3.40? 
There is a ________ of ________ thousand
bushels.
What if the price is $4.90?
There is a ________ of ________
thousand bushels.
D. How big a surplus or shortage results if the price is 60
cents higher than the equilibrium price?
_______ thousand bushels.
E. How big a surplus or shortage results if the price is 30
cents lower than the equilibrium price?_______ thousand
bushels.
Thousands of Bushels Demanded Thousands of ice per Bushel Bushels Supplied Surplus+) or Shortage (-) Price per Bushel $3.40 3.70 4.00 4.30 4.60 4.90 65 71 75 78 80 81 81 75 70 63 A. what’s the balance cost inside marketplace? $________ At exactly what pricing is truth be told there neither a shortage nor
an excess? $________ B. Graph the interest in grain as well as the availability of grain. Be certain
to discover the balance cost and volume. Guidelines: utilize the resources supplied ‘offer’ and
‘need’ to-draw the need and provide curves with the information when you look at the
dining table. Add each price-quantity combo. Each range should
have 6 guide things. After that make use of the device supplied ‘Eq’ to
recognize the balance cost and volume. Guidelines: Refer to the table below. Fill in the surplus-shortage column
(gray cells).
Instructions: Enter your answers as whole numbers.
If you are entering any negative numbers be sure to include a
negative sign (-) in front of those numbers.

A. What is the equilibrium price in this market? $________
At what price is there neither a shortage nor
a surplus? $________ 
B. Graph the demand for wheat and the supply of wheat. Be sure
to locate the equilibrium price and quantity.
Instructions: Use the tools provided Supply and
Demand to draw the demand and supply curves using the data in the
table. Include each price-quantity combination. Each line should
contain 6 reference points. Then use the tool provided Eq to
identify the equilibrium price and quantity.

Instructions: Enter all numeric values without
a minus sign.
C. How big is the surplus or shortage at $3.40? 
There is a ________ of ________ thousand
bushels.
What if the price is $4.90?
There is a ________ of ________
thousand bushels.
D. How big a surplus or shortage results if the price is 60
cents higher than the equilibrium price?
_______ thousand bushels.
E. How big a surplus or shortage results if the price is 30
cents lower than the equilibrium price?_______ thousand
bushels.
Thousands of Bushels Demanded Thousands of ice per Bushel Bushels Supplied Surplus+) or Shortage (-) Price per Bushel $3.40 3.70 4.00 4.30 4.60 4.90 65 71 75 78 80 81 81 75 70 63 Guidelines: Enter all numeric values without
a minus indication. Guidelines: C. the length of the excess or shortage at $3.40? Discover a ________ of ________ thousand
bushels. Let’s say the purchase price is $4.90? Discover a ________ of ________
thousand bushels. D. what size an excess or shortage outcomes in the event that pricing is 60
dollars greater than the balance cost?
_______ thousand bushels. E. what size an excess or shortage outcomes in the event that pricing is 30
dollars less than the balance cost?_______ thousand
bushels. Numerous of Bushels Demanded Numerous of ice per Bushel Bushels Supplied Surplus+) or Shortage (-) cost per Bushel $3.40 3.70 4.00 4.30 4.60 4.90 65 71 75 78 80 81 81 75 70 63

(1)

(a) balance pricing is whenever marketplace need equals marketplace
offer (this is certainly, there is certainly neither excess, nor shartage).
Once the dining table program, balance pricing is $4
(b) The graph requests a particular visual device which may not be
utilized in this Q&A Board.
But balance cost = $4 & volume = 75
(c) whenever cost = 3,4, need = 88 & supply = 65, generally there is
a shortage of 23.
If pricing is 4.90, Surplus = 18
(d) right here, cost = 4.6, therefore Surplus = 14
(age) right here, cost = 3.70, therefore Shortage = 10

Q Demanded Cost Q Supplied Surplus/Shortage
88 3.4 65 -23
81 3.7 71 -10
75 4 75 0
70 4.3 78 8
66 4.6 80 14
63 4.9 81 18

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