Deman d.

Su o lv And Price Determination

qFT :- $t-aI ;E{r6-{ qqr+a rffi 3rzrcqrqT, wqr-ffirdrri gcat flqf\qi qrrzrrt-f hifq
7:;ge1fiffi T.qrr-d qf{ qq-dr fui?{q qftqnT qirc rr+ EEr r drr{dT qr@g i{i q-q-qt-{
sp1 qfqq I

qr{r+T g.Fr{f,{ :-

1 qq q"q qT{ra qq { qrTffi qrq=.rmt ffiR I .Jr;q BT-il{ qel_{fl {mi

qTq :-
.l-rr{ffi gqtffi hlqqf, q-qqitrt t4fil.q {qqT qm qHf qK dqT ffi qftsromre
i{i;-.rtr qTri }TF[€ |

?. :- zgfr j[q { qm fu{qi qp?dqE ffiR | 3t-q qfl-d{ q?Tr+d a-fl-

BIrrrqFI
:r'-rr{tqT w$rmnt lqfuqn sqq fW qfirq arr++i R.qT qrq rr<-cr qki dqT mr
T,r? qru-flt qrrril-q lTln-€i I

E.q+ rTrq :- 3rq 8T6-6 qqr-{d {Mt {Rr-fl d qril 4E-m t@-"qr ,{Kit
qffi i qR11E EE6{) d1 qr{rfl ;r,qr erq-{ q-{d r;q w
qrqtra-a 4K ( qfliiTpry-{
ria'==e r qlirrnq{ ;dt {<fqT {f;Tii qrq r euq rk-+i qfr-i2l|I-{ {fl+i q-qft-q
+i+i?T-l qrffcT +eT HE Tq ticif r ET6 | ;q"a qirq-rf 4q;il q;(i1rIT Trq?EI rIt{-
cF
JJJ

r;:7lz[ qFT.d"qfrSzF qE-dr

{-q t{q qcFtrraTr+ ttrqFcr r#r aei r

qn-m'r t{?rtrfr dc"rf,{ :-

d qfq. qE-d' qFlqrf qr+r4 qi drq-68fl-{ lrrr+l ftatR-6 n.cra-{ qli-q r ,i;k q-qq
ii*il;r r-qf,Q' flrq E-{ :-

1" Eq-+] :- qrr+i lq:fT6 .rrqilF qat cqq rfl+i {-q \r+. qEr4wt ketTfr n-.q *
{q
i d;q ryET qqr{d rH r+erm Eq+i {-dT q-d-{r'q-f.r qeg { {a q.fl qrq q6Bi I

(. g'q*tr-r+1 3il-rqrfr '- arq Ett-il{ qrrrd-d {mr qzRqTrIT wiMr .jnrildl {a_Et

'i-{ori aa1 qr-qrq r #q-dreT e-qa{qi qrq q.g *i *ruo" T{--iliqi qr{T qa"
:t-rr=d
I

i Rqfrrd q<-dtqi rrer :- qrqtrro EE flfln qfil{qtq{ 1 q{fi fi1-c{tr 1$h-rg(d I

;iaqqlqq fiI-di e-<iiril qtr-+T qTrT { rqq qHFi qfu-+qtq-{ EK-{if {-"qftrq e]Fl-(l rq cF
?rrq;.I {6-ii EE q-e q-fi r iro ; a-$ qf{q-{E q-ft-dr q-<fqr {flfrT ffi 1 qrrq
.{Fr-+'i qfr5ro Eq-+T tdq fu-q qcFr?T-q-F u.o*-'.5n5l +
1.
Y q-ffiqr+1 qFFR :- 3liiiFTfl GrqT€qr+:i 3rr+Taq qirrqr 3m{ qril. rr(d | 3{q 6{fil{
rt'.-ii 4 ril6r r++rrrqr .q-{l]-@r+T 6iEFR 4ilfl qrq qat r q-q-{rq-rfrT 3{T.F-,R q-ail qTT[
T{4 166 1

v.. S-sq :- arq BT-il{ qE6{ +{-{qT erTtrc tM E, cq-{rfl.

q?rr+d rMr w+<rnqi-E-{
e5rrafr qm q6B[ rri S-qr+fl qailfl-qtrET-*T qm trsi rr-{g I

q. *$q :- Et EEEI qrTqd ffi q-fr qiil-fufl r-{g I q-* Effi qitr{rqT Er--flr+=t
;rr.-T TG;t I

s fuil-q{ :- Ewdt qrlrdr{ 3rfli rti r+i aeq t+fllq qh E} | kflrmqi fl-iurA fln
;qqFmT qtin ffiqq t qr-,r q6i r-{g I

qFr+1 tflq

TtrtrFT in-q-q3l"fre qrqi,[a R;I lcs,o gI qTLaIT rtt+T q-{ r q-q grd-{ qr[.{e {mf
,.{+ztrql {,t qt{ Erlfdr qq rr{r qqdr qm qar qrq { -q-{t q-dr 46fl'qFI+i qfrr
u"{ai qri uar qr€ | q-{tr Ttq { qrrr fi-qqr ?-tr-{ ffirfl qrq?d-qr{ t qi{r+T frq-q
I l.l --i, I

;irl-+T hqq fd-Gq fufu-c qlq-il-ilo'qT qrurko rH u :

- gqrirt-rdf 3il{flir4Tg fterT qTfugqii-dB[,

- sqirkilqii nfq, *areqr e.t qffi er*q,
- qrqt+rf, q-q ( qt{+qtq_{ r T.6) Eq-6r {@-qr +-,i qF-qdq 3il-t{,
Rqt 16B,
3il-f,R
- fiqqqr ry qf-4=i{ rr*q, ,
- iriEq-qr E<-di {"qqr d qt-fii-q 3rrt{ rrfu qrqf,r iT@r q-€, ffi r

Price (P)

Frice (P) Quantity ?

Demand (Qa ) L
Ir
5
1n
15
3
2
1
J-s t\ lg
A
-s -Dr

crrtz -1
C]
L 9-s Demand ( Qa )

kr:-1
2
 nriqal eqq -1 rs {d { qqr qnr l Ff,ri erir d, q@I qd.{ s-{q1: 90 { 1{ 5r{r qFT
lTda ? { 1 tffi g r qq're qq {dqr qrq qH r q-f,r qdil qrq q6frf gl, q-{tt qrq {
w.i {rq ffim {rap4. {m B I Tqq, qmqi[ td-q-q ffI qB I

qTiq-d;l qT , {-q"TI{ y-axis r q[q-qr{ X-axis qT q[q-{ qfl[dl

k-r-t d I i-{d - 1 Fr
1rqrfifl-Sqrs-qTil@r{aT { q-cTqm t {frT-{img, qq-il{lqE aQr@B r

sz1 {@ E6i 10 { 1{ 1ffi U, qrq qir.Frrer: ? { 1 T,r+T a qrlElii 6-t {q fua s

; c.{ iile@ E rl45 n,a { c iil-{ ql-g<T qrqr ql-d Erzri td-{ qri aun.q+ T,flq
*rrET DDr rrm iqr ww qqFr il i q?Tt( qar 46Er qm qifrt { qdI 46il qm EeFr E
tl+rft T.q r srrr fr-E ffiTc rrrq=d rilr g I T{T qFTdr tq-q-q qrrI qB qfu iq-{-l
a|{ +fq-f, TqTfrTd q-€ |

T{l-lT {qF.+1 rA-S'rE {uIl-GtiF ai +rrurm :-

i;1{s[ ftrqq 3ITflR 3r;q trr6T qqFl-i r#r w++rrrfl q-@I EdEf q[q q-q r qq rdql-
{j-irr qdd , 3I?Tif q-ezt { qm {rq fffid q-rcrrcr rdr rq I {qi fl+i Tq-q ;FRTTET qrr
T*Tz ?6frI 6 :

1. BIl-q Inilq:- qq 6+ Ew+i qdB, Eql]igr.Fi 4rtrfu-6 errsqrfr-qr 4fu qq-ure

q-dr
:ilFr-.F.r.uT gqrffi ;
{a* r-a *-* qftq rT=i e;Kd , q{tt qifu-r 3ilaEr+r fttri {&
1r+4f4q; ?,tTET-fr qrr offi enq qrrw+;i 6r{rr f,,q q@[fl q-6f qfr-( irg+i A
aa\AC'
I

: sft-eflq{ qr{rct :- ridr +wauir qEt:i-fii 4<-dt qf{ q-fl-{T E;t qtf,q q-q-dr€
ErTd-{ r+f{e, q-d ffi r dr+ r qk qr-fi ffi q@ qaqT q-{ wiirflE{,t
.tr*-,ilt qfu1qTq-{ .rft q-R] ir\qtT ffi q-ftq ,T.i qldd , qqfl- ffi {@ qE_fl.
'-;!::r4q1qq qi{r+qii qrRnTA qr{T 46Bi I ilwf qfd+flq-q q}Tmqil 6RUrn qFr ffi-Fi u-mrq
.i.t li l-H._h Eq .l(d r

{. $-qr< sq*ffi q\r+Tn :- €rqr< w-mFmqi" frfl-q q-qrkq

tffq qrrJ Ei
3q'rrr-irA sqiirT q-i q-at-fi q-q E6iE gqti-q .rqi ,m {fl-flrd wq $ g[iiTfrrdT Era{d I

rqfi wiffi qdf Tc{fl-qrtr qrr {frT-g qi6 Ti rrq-+fi f,,q {qqr q6r q+q+=r qm
7q'riTd I

x. ;1qi sqrffi quil-FTT yir :- d q<ftj qq qdqT T{r sq-drfl6{-di q-tiqqT iur
{=1 .i'r{ r+llfirf, s-q qqw qfi rlrq q-q rrcg r

{ e-q-wilu :- 6,fnqq qqd-{ aq vmrrwr 3{TG;T q-fr qqd-A q-fl trrE-I 3mdt qql-iTqT
;,:f1l;T rTA q-{-r.Rur Trr qafqT q-fr q'FT q} ,T{E r q-i . frgn q-{e.I{ q-6i 'qgqi Erqm

3
 ,u+fp6;fr,iq-f, gaqrdidi qrfrT qqrrr qiiuq ir-{ h--q-d {dqJEr qr6r tor qmr q.Flgq,
qr& lrq
, rqtEs itrTir 3ilf{fl 9-irq- Ti rnd | 3re{i( 6rr q@-q-t qq-q-inq eq qq--dr
I. Fr 4d7 qI€ |

fuitreanine of Supplv:-

ti ffi=-o {q-q ( Aqqt EHrqcF m ffi ffi rrffi ilfu 6qR qlt\rrr ffi( f,ET
irneTfu$t xftre r

yfd-€r fuiw <lFt-6T :-

.r qq-dt rrer :- q+ qf{ 4Eql ffi qri qirl_<r q-dETUi dccr g6 aq1-e
qqrq
riar at | 3r;q ryr6{ qqr{fl rdr erq-{qm[, qEir q@I { Tfr ftrq q cFRr.-rrf; {qFcI qE

qzB r gillr;rfl- qTa!-d-{ctir qq q-cEI qfti qEg r

?. sffi vqr :- ffi q.,[aqT qr( dqr ffi

q\-6r h-+iai-+=r Ttd
iqrnoq eq .r,id r qiq sqi.rqr q-ffir vqr qH qu-e,r-f
Tfti co-ca r

Y 1i_.{K+1 f{frq ffi :- q-.+rG erdr an ElTrsi ffi are-{rfi qtqr sqreq Erre
Tftt qdq qrd r ;qq+ d u=t grorqq-+i flfrr
.{tr{ rrE qFF-r 4-rr q+ ur€ , qqq ,Td
r,, w ap qd1-S sql[er rmqq]- tsHt-fi & t Xfr qaqg r

{.q,rq-qrfl qftqdq :- .q* Tfti q1irql-u|qr5 fuairuT iri 3t+i a.z :rH w{q-@T qiq 6T
; qT( :{{ffiTff q-{flrqrit 3TEFrrfl qk 6-fl qfti qfr q6{g { q;Rrlarci 3nFr?.q|- 6l{
iF Tfti qh qz-{s r 3il"1E
Law of Supplv :-
:,f5 t?T6-F qzr--{d {t+j 3tzRel-rfl {q q-6{r Tfti qr{ q-6(g ( q@ ud-cr $i qzqg,
-qe-nd
Tf.iat l+q-q iTFr€ |

qf"f-* fr--q-q fr-rq qremarqr 3il-"flftn u :-

- Gzqrcr qhfu qqr{d rdr qq,

qr+Tfr frfuqr qirq dq q\-dr
&{,
- q-rofFa? q$T-fr Tqqr qft"-ci{ E\--di
&{,
4
 - ge[q;rfrI {r"cl;til{cti q-q qe1;{fl rffit q.tj[,
- Biltffi-+] qfufrr frq-i req, 3illE
llq h-q-nrqlE irq-dr iq-q r kr.{rz zt{ft sdq q.t qi4B .-

Price (P) Quantity

Supplied ( Q5 )
1,. 5
2 10
3 15

qnqa iq-.r -t qr, q@r r fi $f r rffi a,

{q I qre qt-r r { i Tr{r $i e-ar-
6.qeT: 10 r 1{ Tii-dr d trr@I q-eqT Tftt qM et r :.r+i qrqrfi 3r-{-q{r6T qqr+o rdr
:i4rzlrqT q@ { qfti t{q ftFRr-.crl-6 qEq,pd (-dI qB I

Price (P)

S
g L,

2_

5' -le
lqr :- I supply ( os )

;;fffi i"-{ - g q[, {@-flii y-axisi ffi X-axisqT qFm rr@f d I q@r I $T Tftt
r rrird, qs.{rtio_g3Frai@B rqqqi{ i { i .rr<r$i qarlo rl{ gffir
;r er,rrs 6-rreT' ftreJCqre @r g I q{tt iq-a-fle ;i qsd qE ifi qai Er6fl.
dT 4ffi B { qrq urEr {.i qiui g r

5
 Dsterr,ninati on of Eo uilibrium Price : !nteraction Between Demand and
Supplv
-r:ir 3I?iqfiErql F+ qft q-fl+] q"q ftaiirr rq-q aflfii sFr ( qftit hqtrur q-{d I

EE-{i qrq { $i Eq q.u-qT;r*i* rq€t q-qqr q*m tout* gq r{s

"i.
r

q{rtm ilq-+i iEq r tq?-dRT qqfr qrwr q=i efu-€

"'':* t-+q :1

ri ri L e Quantity Demand Quantity Supply Result

4
t 25 5 {ftrf, qFT

2 20 10 q[d"1-6 qpq

3 15 15 q-q=ffi
4 10 20 qfa-* qftt
5 5 25 3rFd-fr cfti

rttffiFT -q-q I ut qq I 6il qrrr i{ i $i { {M

E I qq I qrc ee-{ 6-rrqr. ?, i, y
r { qr{r qrq l{ qra qir 6-{q1; 1o, xt, lo ( t g,r+T E { ffti 6-qqT: qdr to, 1{, ?o
I ;x qffi fr I qq 1 { t q[ 3lflrfr qFTqir s]-qrE[ GEi d ilq 1e y { { +n 3rP"rfi
{Fr*i 3m-{rr r#r- E 1 qq r q-<T qm- ( qfti {ir+{ {Mi B r rq{, e;(-cm q.q i ql.
; ,rirn Ta I

Price
j.rPf\E
eno#
D S

5
\
I
(} E= Equilibrium Point

,/_ 9 ,.ftn*4
QvLueiS

Dr

D&S
)SE1"rllih"'.^
k+: I
". Q
e*,e,^rf
tS.tPPl D &*"*2

6
qTf'itfrI iqa i m qqdl- {@-dE y-axis r +W+1 qitqTuT ( D &S r (tS X-axis rfl qM{
r3;1ji B I Trfirdr lqz I qT q@{ 1 q_qT qn- t{ r $i { {Ht 6 I {@ 1 qrc Eal
f eT'?, i, Y { { 5roqr{T i{ ercqerm-qqr: !o, lt, 10 T { g,I+r6(Tftf m-qqT:
.l-r lo, 1{, lo { i{ T,rfl E I rleq l ( i qr qflu+ qpei 3rzrcq1 rffii g rri q-q x r
;r" qT jIP"t-fr
tfttir ar{+trf r#t E I {q i q-<l qrr-r ti.i qrr*+r r#r E, q-{-{E hE A
erargu+i d , E{ qE-d-{-m fqE d r oqt, q-on qsiffiTfl qlq { $t qirqr ar+i
qgd-{-{T q-d inutruT q-€
'r.i??rrqT |