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Complete the table by using the supply function Qs= -300 +20P

Point

Qs

Price

A





B



18

C

100



D

140



E



25

F



28

G

300

1 Answer

2 votes

Here is the completed table:

Point

Qs

Price

A

-300

B

-240

18

C

-200

10

D

-160

7

E

-80

25

F

-60

28

G

300

To complete the table, we can use the supply function Qs = -300 + 20P to calculate the quantity supplied (Qs) for each point on the table. For example, at point B, the price is 18 and the quantity supplied is Qs = -300 + 20(18) = -240. Similarly, at point C, the quantity supplied is Qs = -300 + 20(10) = -200, and at point E, the quantity supplied is Qs = -300 + 20(25) = -80.

User OhleC
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