BORJA, ANNE CZARINA ADATO

BSBA FM 2B

ECONOMIC INSIGHT
ACTIVITY 1
DIRECTION: Make a demand table and curve for the given demand situation.

1. The price of 1 box of cookies starts from 30 pesos. In a month the seller sells 50 boxes of
cookies to her regular customer at this price. She sells her cookies for various prices, she
noticed that when she rises the price by 5 pesos, the demand for it decreases by 10 boxes.
The highest price she had for the cookies is 45 pesos per box.
At the same time, she lowers the price of the cookies by 5 pesos to sell the remaining stocks
and sold 60 boxes. Make a demand table and curve out of this situation. (20 points)

T A B L E 1
Regular customer's demand for box of cookies

Quantity
Price per
Demanded
Box
per Month
25 60
30 50
35 40
40 30
45 20

F I G U R E 1

D1

BASIC MICROECONOMICS
 BORJA, ANNE CZARINA ADATO
BSBA FM 2B

ECONOMIC INSIGHT
ACTIVITY 1
2. Her regular customer resells her cookies causing an equal increase in its demand by
10 boxes at any given price. Make a curve that shows the change in demand in this
situation. (10 POINTS)

F I G U R E 2
Regular customer's demand for reselling box of cookies

D2
D1

BASIC MICROECONOMICS
 BORJA, ANNE CZARINA ADATO
BSBA FM 2B

ECONOMIC INSIGHT
ACTIVITY 1
3. New sellers of cookies appear in the market offering a different taste of cookies this
results in the decrease of its demand by 10 boxes at any given price. Make a curve that
shows the change in demand in this situation. (10 POINTS)

F I G U R E 3
Regular customer's demand for box of cookies
(new sellers in the market)

D3 D1 D2

BASIC MICROECONOMICS