Exercise on Demand (Set A)

ACOT 101 (A15)

Trisha Gaile R. Ranosa September 16,
2020
Section: AC17

Graphically show what will happen in the following situation. Illustrate whether it is a
movement or a shift of the demand curve. Please label your graph. (10% each)

1. Coffee and tea are substitute goods. What will happen to the demand or quantity demanded
for tea if the price of coffee is reduced? (10%)

Price

P 80.00

P 70.00

P 60.00

P 50.00

P 40.00

P 30.00

P 20.00

5
10 15 20 25 30 35
Quantity
2. The National Food Authority (NFA) announced that the rice reserve in Bicol is only good for
this week, thus, the price of commercial rice is expected to increase next week. What will
happen to the demand or quantity demanded for commercial rice now?

Price

P 80.00

P 70.00

P 60.00

P 50.00

P 40.00

P 30.00

P 20.00

5 10 15 20 25 30
35
Quantity
3. The price of ice tea is decreased, show what will happen to its demand or quantity
demanded?

Price

P 80.00

P 70.00

P 60.00

P 50.00

P 40.00

P 30.00

P 20.00

5 10 15 20 25 30 35
Quantity
4. Due to the pandemic, Pia’s father is reporting 15 days each month, thus receiving only half of
his salary. Show graphically what will happen to the family’s demand or quantity demanded for
normal or superior goods?

5. The price of the shoes that Bea wants to buy is now offered at a reduced price. How will this
affect the demand or quantity demanded for sandals which is the substitute?

Price

P 80.00

P 70.00

P 60.00

P 50.00

P 40.00

P 30.00

P 20.00

5 10 15 20 25 30 35
Quantity
6. Show the demand for food deliveries during the pandemic. How will this affect its demand or
quantity demanded?

Price

Demand