4.3 Study Exercise 15 (Algo)
Consider the equations for the following straight-line supply curves. In e
case, p is the price (measured in dollars per unit) and OS is the quantity
supplied of the product (measured in thousands of unas per month)
Supply A p=40, and
Supply B. p=2009
a. Plot each supply curve on a scale diagram. In each case, plot point 1
corresponds to prce equal to $20, and point2 which corresponds to prid
equal to $40
1.) For each supply line A and B. use the point drawing tool to plot and la
1.) points A and B (where price = 520)
*) points A and B (where price = 540)
2 Use the nedre