MODULE 1

SUPPLY AND DEMAND

DEMAND SCHEDULE AND DEMAND CURVE
DEMAND SCHEDULE FOR APPLES
PRICE QUANTITY
DEMANDED
5 100
10 80
15 60
20 40
25 30
30 20
40 15
50 10
DEMAND SCHEDULE AND DEMAND CURVE
DEMAND SCHEDULE FOR APPLES
50
PRICE QUANTITY
DEMANDED
5 100 40

10 80

PRICE
30
15 60
20 40 25

25 30 20

15
30 20
10
40 15
5
50 10
0 20
10 30 40 50 60 80 100

QUANTITY DEMANDED
 LAW OF DEMAND
QUANTITY QUANTITY
PRICE PRICE
DEMANDED DEMANDED
 SUPPLY SCHEDULE AND DEMAND CURVE
SUPPLY SCHEDULE FOR APPLES
50
PRICE QUANTITY SUPPLIED

5 10 40

10 20

PRICE
15 30 30

20 40 25

25 50 20

30 60 15
10
40 80
5
50 100
0 20
10 30 40 50 60 80 100

QUANTITY SUPPLIED
 LAW OF SUPPLY
QUANTITY QUANTITY
PRICE PRICE
SUPPLIED SUPPLIED