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Category > MathPosted 19 Apr 2017My Price8.00
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.