Price Quantity demanded Quantity supplied

VND 5,000 1000 100

VND 10,000 800 350
VND 15,000 600 600 VND 30,000
VND 20,000 400 850
VND 25,000 200 1100 VND 2
VND 25,000
Equilibrium price VND 1,500
The quantity of cookies 600
VND 20,000

VND 15,000

Price
VND 10,000

VND 5,000
VND 5,000

VND 0
0 20
 Demand&Supply curve
VND 30,000

VND 25,000 VND 25,000

VND 25,000

VND 20,000 VND 20,000

VND 20,000

VND 15,000
VND 15,000

VND 10,000 VND 10,000

VND 10,000

VND 5,000 VND 5,000

VND 5,000

VND 0
0 200 400 600 800 1000 1200

Quantity

Quantity demanded Quantity supplied

 Event A: A fall in the price of brownies.

Decrease in price and quantity of cookies. The demand curve shift to left

VND 30,000

D1 V
Event B: the price of flour declines because of abundant wheat crop. VND 25,000

D2
Decrease in price and increase in quantity. The supply curve shift to right.
VND 20,000

VND 15,000

Price
Event C: Both A & B occur

Both curve shift. VND 10,000

VND 5,000
VND 5,000

VND 0
0
 Demand&Supply curve
VND 30,000

D1 VND 25,000 VND 25,000

VND 25,000
S1

D2
VND 20,000 VND 20,000
VND 20,000
S2

VND 15,000
VND 15,000
Price

VND 10,000 VND 10,000

VND 10,000

VND 5,000 VND 5,000

VND 5,000

VND 0
0 200 400 600 800 1000 1200

Quantity

Quantity demanded Quantity supplied

 VND 25,000
S1

S2

D 5,000

1000 1200