Uploaded by Cathy du Plessis

2022 more supply and demand

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The following table represents the different prices for ice cubes and the amount of ice cubes that learners can buy
at a given price, and how much firms can supply at the given price.
Price per ice cube
R1
R2
R3
R4
R5
Quantity of ice cubes
sold(demanded)
100
90
80
70
60
Price per ice cube
R1
R2
R3
R4
R5
Quantity of ice cubes supplied
by a supplier
60
70
80
90
100
The following table represents the supply and demand schedule for Lily‟s kites:
Price per kite
Quantity of sold demandedPrice per kite
Quantity of ice cubes
sold(demanded)
supplied by a supplier
R1
100
R1
60
R2
90
R2
70
R3
80
R3
80
R4
70
R4
90
R5
60
R5
100
The following table represents the different prices for ice cubes and the amount of ice cubes that learners can buy
at a given price, and how much firms can supply at the given price.
Price per ice cube
R1
R2
R3
R4
R5
Quantity of ice cubes
sold(demanded)
100
90
80
70
60
Price per ice cube
R1
R2
R3
R4
R5
Quantity of ice cubes supplied
by a supplier
60
70
80
90
100
The following table represents the supply and demand schedule for Lily‟s kites:
Price per kite
Quantity of sold demandedPrice per kite
Quantity of ice cubes
sold(demanded)
supplied by a supplier
R1
100
R1
60
R2
90
R2
70
R3
80
R3
80
R4
70
R4
90
R5
60
R5
100
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