1. Activity is individual2. Pl

1. Activity is individual2. Plagiarism of any means will be report and will lead to reduction of weight age.Max. Marks: 5.Q.1 = Using the data below_A= Find out the Quantity demanded by the MarketB= Draw the Demand Curve for each BuyersP QD1 QD2 QD3 QDM5 60 55 7010 50 50 6515 40 45 6020 40 30 5525 20 35 5030 10 30 4535 5 25 40Q.2 = Using the data below_A= Find out the Quantity Supplied by the MarketB= Draw the Supply Curve for each SuppliersP QS1 QS2 QS3 QSM5 5 25 7010 10 30 6515 20 35 6020 55 40 3025 40 45 5030 50 50 4535 60 55 40Q.3 = Using the data from Q.1 & Q.2 above:Draw the market demand and the market supply curves and show the equilibrium betweenthe demand and supply .Q. 4 = Show with the help of diagrams the effects of the changes either in demand or in supplyon the market equilibrium :1) ? A change in demand (decrease & increase) with no change in supply.2) ? A change in Supply (decrease & increase) with no change in demand.3) ? A change in demand and supply moves in the same direction (increases & decreases)4) ? A change in demand and supply moves in the opposite direction(increases & decreases)!

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