1. What type of graph is this?$
12.75
12.25
11.75
11.25
10.75
10.25
Units
1000
2000
3000
4000
5000
6000

2. DEMAND CURVE

3. How many units would be sold at $12.25?
12.75
12.25
11.75
11.25
10.75
10.25
Units
1000
2000
3000
4000
5000
6000

4. What price should I charge so there is nothing left on the self yet no customers still wanting any items? $
12.75
12.25
11.75
11.25
10.75
10.25
Units
1000
2000
3000
4000
5000
6000

5. At $10.75, do I have a shortage or surplus?
12.75
12.25
11.75
11.25
10.75
SHORTAGE
10.25
Units
1000
2000
3000
4000
5000
6000

6. At $12.25, what is my shortage/surplus?
12.75
12.25
11.75
11.25
10.75
10.25
Units
1000
2000
3000
4000
5000
6000

7. At $12.25, how many units are on the shelf?
12.75
12.25
11.75
11.25
10.75
10.25
Units
1000
2000
3000
4000
5000
6000

8. To sell 3000 units, what would the price have to be?$
12.75
12.25
11.75
11.25
10.75
10.25
Units
1000
2000
3000
4000
5000
6000

9. What would you expect the price to do if the company supplied 2000 units?$
12.75
12.25
11.75
11.25
10.75
10.25
Units
1000
2000
3000
4000
5000
6000

10. What is the price difference for people willing to buy 5000 units and the company willing to making 5000 units? $
12.75
12.25
11.75
$12.25 –
10.25
$ 2.00
11.25
10.75
10.25
Units
1000
2000
3000
4000
5000
6000