Create a demand schedule and a supply schedule for your product.

Using these schedules, draw a demand curve and a supply curve using PowerPoint or Excel. Use these to determine the equilibrium price and equilibrium quantity for the product.

..................................................................................................................................................................................

Demand Schedule:

Price per Gallon            Amount Supplier Will Produce At Price                      Gallons Demanded At Price

$1.00                                                    10                                                                    50

$2.00                                                    20                                                                    40

$3.00                                                    30                                                                    30

$4.00                                                    40                                                                    20

$5.00                                                    50                                                                    10

Posted Date: 3/18/2013 2:01:15 AM | Location : United States

Ask an Expert

Related Discussions:- Create a demand schedule and a supply schedule, Assignment Help, Ask Question on Create a demand schedule and a supply schedule, Get Answer, Expert's Help, Create a demand schedule and a supply schedule Discussions

Write discussion on Create a demand schedule and a supply schedule
Your posts are moderated

Write your message here..

Related Questions

Advantages of packaging, Advantages of packaging: advantages of the packag... Advantages of packaging: advantages of the packaging may be divided into three parts: Advantage to manufactures: advantages of the packaging available to manufactures are as

Algebra 2, 1. Isaac goes to an amusement park where tickets for the rides c... 1. Isaac goes to an amusement park where tickets for the rides cost $25 per sheet and tickets for the shows cost $10 each. a. Write an expression that describes the amount of money

Case study, Case Study - Horlicks Horlicks is the name of a company and ... Case Study - Horlicks Horlicks is the name of a company and of a malted milk hot drink. This brand is the leading product in the hot milky drinks market and has been associated

Define the strategy development phase in brief, Define the Strategy Develop... Define the Strategy Development Phase in brief. Phase Strategy Development Phase: If you already know your competitors and target market, you are capable to start creatin

Explain about the increased profitability in e-commerce, Explain about the ... Explain about the increased profitability in e-commerce. Increased Profitability: a. The direct cost to sale for an order taken through a web site is lower as compared to

Explain concept of product line and product mix, Question : (a) Describ... Question : (a) Describe with examples the concept of product line and product mix. (b) Compare and contrast Reverse Positioning and Breakaway Positioning strategies. (c)

Describe the marketing audit in detail, Question 1: Describe the market... Question 1: Describe the marketing audit in detail. Characteristics of marketing audit Components of marketing audit Question 2: Explain consumer research p

State about the term - advertising, State about the term - Advertising ... State about the term - Advertising   Advertising is the most usually used tool for informing the present and prospective consumers about the product, its quality, availabilit

Sales budget, Sales Budget This is a forecast of unit sales volume and ... Sales Budget This is a forecast of unit sales volume and sales dollars. Oftentimes if the firm sells a significant portion of its products on credit terms, the budget will also

Lead time management, impact of having inadequate system design in the lead... impact of having inadequate system design in the lead time and engineering cost