OpenStudy (anonymous):

Bob owns a roadside stand that sells rhubarb pie. Bob likes to experiment with various pricing strategies in order to determine the most efficient way to run his business. The table below depicts some recent price changes and responses by consumers. Graphically illustrate the appropriate demand and supply curves and where the shortages, surplus and market equilibrium price were found. Price Changes and Responses by Consumers Price Quantity Demanded Quantity Supplied $4.89 311 255 $4.29 388 214 $5.39 198 309 $5.19 268 300 $5.00 279 279

5 years ago
OpenStudy (anonymous):

This question would be best asked in the Economics section

5 years ago
OpenStudy (anonymous):

I just joined this site lol, I'm figuring it out as we speak... AP Micro is so confusing for me

5 years ago
OpenStudy (aripotta):

there's an economics section?

5 years ago
OpenStudy (aripotta):

>_>

5 years ago
OpenStudy (aripotta):

oh i see, but there's like little to none people there. student would probably not get helped

5 years ago
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