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Question A

S1

D price of orange

D1

S1

D1 D

Quantity of carriban hotel rooms

Question B

D1

P2

quantity of Carrabin hotel

rooms

D1

P2

(3)
S2

price of

gasoline S1

S2

S1

Qty of gasoline

(4)

D1 S1

D2

S2

S1 D1

S2 D2

Quantity of used Cadillac


Demand curve
price Qty

7 1

5 2 1cm rep 1unit on P axis

3 3 1 cm rep 0.5-unit o Q axis

1 4

price

0 0.2 1 1.2 2 2.5 3 3.5 4

Quantity demanded
Demand curve

10

CS

price

0 0.5 1 1.5 2 2.5 3 3.5 4

Quantity demand

The triangle is in the consumer supply

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