A.

Using the demand function, Qd = 200- 5P, Complete the demand schedule, and make a demand curve out of it:

Demand Schedule Demand Curve

Point Qd P
Demand Curve
A 0 40 45
40
35
B 25 35 30
25
C 50 30 20
15
10
D 75 25
5
0
E 100 20 0 25 50 75 100

B. Using the supply function, Qs = -150-+ 5P, Complete the supply schedule, and make a supply curve out of it:

Supply Schedule Supply Curve

Point Qs P

A 0 30

B 50 40

C 100 50

D 150 60

E 200 70

Supply Curve
80
70
60
50
40
30
20
10
0
0 50 100 150 200
B. Analyze the following situation, and on the blanks, draw an arrow, either pointing to the left or to the right, to
show the shifting of the demand/supply curve

 1. An increase in the production cost.

 2. An increase in the price of sugar; demand for coffee?
 4. Agricultural products were devastated by typhoon
 5. Teen agers will be allowed to go out according to IATF
 6. Hog raisers were given financial assistance by the government
 7. Face to face classes will be approved next school year.
 8. An increase in the price of pork; demand for chicken?
 9. Additional machines were procured by the company.
 10. Millions Of people were given social amelioration fund SAF.