Department of Computer Science &Engineering
Faculty of Engineering &Technology (ITER)
Quenton-ol
uppose the mad olenand and suppy ureten tort Cakes
                                                  as lo180-2 ano
|Pen day in Roukea tl4y s
yuantty upPued ana prdee neipelvey
 a) DHau he deand                                   qrapn and howth
    Marlet equttbrium prtte and                               Ahe
|b) C(raputtauy       anayetthe
                              he            arthe'              +0
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    B ConNutng apPro prlate dlenvanal and Aupply model
                                           prdd b
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    hat nore Consumpilon st cabes s not qood tot
  bn deand,SuppyprÂusquany dnanden and quany
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                                    tae
             Quanttty olenanded ori Ca
                      uppigtd af taee.
          P' Pce 4 aue.
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|a).|0-25(0)   2180
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   02190-2s P yP2 e2Ps,
   O2-40+80P Pl:33Rs
                     180-2P2-40+ 30
                        z4equttbruM Prde (Pe)
     Department of Computer Science &Engineering
     Faculty of Engineering &Technology (ITER)                     02
(Puttng value ob'Pe' nQ
       G0- 2sl4): 180-100,
                                            .sStalel
                                                             y-axts: Iemz1 RU
                 64
                 24
T 4 0 -20                        20   I00 20 I40 160. 1%0 200
          ano taut'briumQuart-e30
                                                            Qi-an'e NeM22Duuntt
                                                            y-ar?s? 1Cm2 | RA
      -4 -20          200   60   0    100   120
                                                  I40 169 140 200 220
        Departnment of Computer Science &Engineerins          05
        Faculty of Engineering &Technology (TER)
 f he attual pte ton eah wtu be 6 Rithey the alenand
 wtu be es and duppy ustu be morte h soltfjenee bjo
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tn 4he maet. bu
t0 olueare  e Pr°u no 4hatthe, maet, loun be
  n baoned onoH
 -60   - 40 -20      20
  ue tohe ineaue n priee oh nehined                       oheat tloun, e
Prauetrn lot ot Coees stu nerease, thus eoun
AuPlygn'  s
Anol strne the
                          lase the
                          doto
                                        Auppy
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henth   buyers usfu conume les aces d olemandwt u
oleiease      yAhe demand Cwwe
(heneyoneiolenanol   anel suppy  otu oleeee,
demanoed tu dleereane ano qantty AupPeo!
                                             quars
 Peoeted, tt4olepeno upon                          e dfbenenee betuoeen
 Change in oltand and Juppy
        Department of Conputer Science &Engineering
        Faculty of Engineering &Technology (ITER)     04
 02 bgje Auppuy anal oemand funeton ort labouH in the
       Cou labtu maeet ts gtven belo ioi
        1600- 200 and 2-00+40
       Ohere a 2Quarttty clenanoled ot laowt ( tnNo)
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   Pla tn olemano and suppuy tuntor ef laboun
  tn agraph and oleterine nd eauil bruM wage
 rlate bnd yuantty demandua and Auppued Aot
   abouH tootal labou Meed.
| )Oaphay anape the laboun mee                             Attuatton
  Deteine H mp                          nthe wwgertate 9
  yorapay analye tne Labout Vaued Al4uaton
                       ate ot labout ts R 200
Ary
      Detunine PH Pna onhe wagnate!
  a) ofven; 2l600-20, 8i-200+ 4 w
       Ohe : Quanttty demanded ot laboutnla)
              2uant typpL'ed ot laboutlNo
 Lot       o 02 -200 +4wzSOR
                       L800
                    2-200-+ o z-200
HoH equiu brum wage( w e ) : A s s u
                     |800 260
                      0B00R                  e
                                        Engineering
        Department of Computer Science &
       Faculty of Engineering &Technology (1TER)
 Putng vaue ot
              60D -2 (300)'2\600s 600
                00
              6001
      WE 300
               200
                                                        I00
   - 400 -200        200 40D 60D 00 \000 I200 |400 l600
                                         rate t lue 200R
                82 100D abows
                                                                     aboUU
                                                      -axts loM 220o
b)Jf We 40pRs
              t00
             200+
         109
      -200
            DepartmofentEEngineering
            Faculty       oof Computer Sclence &Engineering
                                     &Technology (ITER)            06
            atual   usage  ate ot
              wtu be more and
                                                   abou       slu be RsoDhen
                          olemand wl be leAshe
              betoeen dlemanol an AupPy o t abow
       Cawre APus t tnbrur tn the aet         iDue
  t0 he up
   Ro B00, do     the        rate  Wst ole ereOe t0
  equtubrum lonotonwaube Stalelbalanea|
                ad the              tn
                                                              U-Oxts?1CM2 2Dotaboue
                                                              Haxts DosmLDoR
           5904
    O200
           00+
    -200          200 4D0 600.        oo o0020o          00   00        2000
I +he athual waerate ot labou wfu be RA 200, then
 oleruand wBu btmprie anol
                       ano supPly wtu be ters ht
 dttbertinee belen olemancl and Auppyot labuny
                                            Du
 otu tawe a shorttage o labous nthe                                     areet
t0 the
                                               thad the Pethttt Mael
Can be tn balaneo et equté br°um lenolt.