Given the Table Below, Graph the Demand and Supply Curves

question 245

Essay

Given the table below, graph the demand and supply curves for flashlights. Make certain to label the equilibrium price and equilibrium quantity.
a. What is the equilibrium price and the equilibrium quantity?
b. Suppose the price is currently $5. What problem would exist in the market? What would you expect to happen to price? Show this on your graph.
c. Suppose the price is currently $2. What problem would exist in the market? What would you expect to happen to price? Show this on your graph.

Identify and explain different types of motivational conflicts and their examples.

Distinguish between drive, need, and want, and understand their interrelationships.

Understand differing theories of motivation and how they explain behavior.

Grasp the basics of SMART goal setting and its components.

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