Althea Leigne I.

Daruca
Grade 12/ABM-Einstein

EXERCISES NO.2

1. Create your “Wants Map”. Identify which product you often purchase and
list down the cost.

See your demand curve and create the following:

Most purchased product: MAKE UP
Purchased everyday: NONE
POINT PURCHASED QUANTITY
PRODUCT DEMANDED
PER YEAR
(2,4) DRESS 2
(4,4) ACCESSORIES 4
(1,7) STUFF TOY 1
(5,8) MAKE UP 5

Then, illustrate the demand curve below.

ANSWER:

PRICE

400 (5,8)
350 (1,7)
300
250 (2,4)
200 (4,4)
150
100
50
0 1 2 3 4 5 q or Q
Realization:
 I realize that because of this pandemic I relentlessly buy stuffs online,
although I can & will use it. I still think that I wasted so much money. Also, I
realize that it is important to do the “Want Map” and see what I recently
purchased and see what I purchased the most in a day, week, month, or in a
year. This also help me to limit myself on buying stuffs.

Pen Up!
What does the demand curve tell me?
 The demand curve tells me that I spend the most money in my make up
product & spend the least in buying stuff toys. This just means when you are
doing a business you need to have this demand curve to know if you are
purchasing the right amount money for your business & consumers.