Wednesday, October 14, 2015

Graphing Review Solutions

1.  Demand Right
2.  Demand Left
3.  Supply Left
4.  Insert the price ceiling below equilibrium,  Result is a shortage of  power.
5.  Demand Left
6.  Supply Left
7.  Demand Left
8.  Insert the price floor above equilibrium.  Result is a surplus of labor.
9.  Demand Left
10.  Supply Left
11.  Supply Left
12.  Supply Left
13.  Supply Left
14.  Demand Right
15.   Supply Left

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