Drawing the curves
The table
below presents data of supply and demand:
Table.
Demand and supply
|
Price |
Quantity demanded |
Quantity supplied |
|
6 |
200 |
0 |
|
8 |
160 |
20 |
|
10 |
140 |
60 |
|
12 |
120 |
80 |
|
14 |
100 |
100 |
|
16 |
80 |
120 |
|
18 |
60 |
140 |
|
20 |
20 |
160 |
|
22 |
0 |
200 |
Given data
can be represented in the graph through demand and supply curves. Just click the button below the graphs and find out how it is done.