Let’s Try 600

500
1. C 4. B
400
2. A 5. D 300
200
3. B 6. C 100
0
10 18 25 32 49

Qd-new Quantity Demand

Let’s Explore
Activity 1.1
P Qd Let’s Explore
Php 50 250
Php 70 190 Activity 2.1
Php 90 130
Php 110 70 P Qs
Php 130 10 Php 100 250
Php 120 330
Php 140 410
Php 160 490
Demand Curve for Product X during the Month Php 180 570
300
250
200 Supply Curve for Product X during the Month
150 600
100 500
50 400
0 300
40 50 60 70 80 90 100 110 120 130 140 200
100
Quantity Demand
0
90 100 110 120 130 140 150 160 170 180 190

Quantity Supplies

Let’s Dig In Let’s Dig In

Activity 1.2 Activity 2.2
P Qd Qd-new P Qs Qs-new
Php 10 210 315 Php 30 10 5
Php 18 178 267 Php 45 40 20
Php 25 150 225 Php 60 70 35
Php 32 122 183 Php 75 100 50
Php 49 54 81 Php 90 130 65
 250 c.
200
QD = QS Qe = 320 − 2P
150
100 320 − 2P = −130 + 3P Qe = 320 − (2 ∗ 90)
50
3P + 2P = 320 + 130 𝐐𝐞 = 𝟏𝟒𝟎
0
30 45 60 75 90 Pe = 450/5
Qs-new Quantity Supply
𝐏𝐞 = 90

Let’s Explore Let’s Dig In

Activity 3.1 Activity 3.2
a. a.
P Qd Qs P Qd Qs
Php 50 220 20 Php 5 400 85
Php 60 200 50 Php 15 360 115
Php 70 180 80 Php 25 320 145
Php 80 160 110 Php 50 220 220
Php 90 140 140 Php 60 180 250
Php 100 120 170 Php 75 120 295
Php 110 100 200 Php 90 60 340

b. b.
250 450
400
200
350
300
150
250
100 200
150
50 100
50
0 0
50 60 70 80 90 100 110 5 15 25 50 60 75 90
QD QS QD QS
C.
QD = QS Qe = − 4P + 420

-4P + 420 = 3P + 70 Qe = -4 (50) + 420

3P + 4P = 420 - 70 Qe = -200 + 420

Pe = 350/7 𝐐𝐞 = 220

𝐏𝐞 = 50

Let’s Apply
Activity 4
1. C 6. F

2. B 7. F

3. B 8. G

4. C 9. H

5. D 10. J

Let’s Evaluate
1. C 6. B

2. A 7. B

3. B 8. C

4. D 9. B

5. B 10. A