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Category > Math Posted 19 Apr 2017 My Price 8.00

Individual and Market Supply of Peaches

 8.) 

Imagine that the market supply of peaches comes from Georgia (GA) and South Carolina (SC). The table below shows the quantities of peaches supplied in each state at each price.

 

Individual and Market Supply of Peaches
  Quantity of Peaches Supplied (pounds)

Price 

(dollars per pound) 

 

GA

 

SC

 

Market

10 20,000 18,000
  8 16,000 15,000
  6 12,000 12,000
  4   8,000   9,000
  2   4,000   6,000

 

a. Complete the column labeled “Market.”

 

b. The quantity of peaches supplied to the market at a price of $6 per pound is  pounds.

 

Answers

(11)
Status NEW Posted 19 Apr 2017 08:04 AM My Price 8.00

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