Year 9 - Economics - 20-11-14

Thai Sikh International School

E-Learning Programme – Online Assignment –   20-11-2014

Name :                                                                                                      Subject :  Economics

Year  :9 A & B                                                                                        Schedule No. :  5                               

THE DAILY DEMAND FOR AND SUPPLY OF TRAIN TICKETS FROM NEWYORK TO CALIFORNIA IN USA IN WINTER MONTHS.

PRICE ( $)	QUANTITY DEMANDED	QUANTITY SUPPLIED
50	2200	6000
45	2500	5000
40	3000	4300
35	3800	3800
30	5000	3600
25	7000	3500

DRAW A DEMAND AND SUPPLY DIAGRAM AND FIND OUT-

  A)     EQUILIBRIUM PRICE

  B)    EQUILIBRIUM QUANTIY.

                               

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