Name:
Section:
TEST #2: REVIEW OF MARKET ANALYSIS
I. Instructions: (Show your solution). Given the data in Table A: Demand Schedule of Rolly for Homemade
Pizza (in boxes) and Table B: Supply Schedule of Bert for Cheddar Cheese (in boxes).
a. Solve for the slope of demand and supply curve.
b. Determine the price elasticity of demand and supply.
Table A. Demand Schedule of Rolly for Homemade Pizza (in boxes)
Price per box Number of boxes
₱ 0 20
80 16
120 12
160 8
200 4
240 0
Table B. Supply Schedule of Bert for Cheddar Cheese (in boxes)
Price per box Number of boxes
₱ 50 200
60 300
70 400
80 500
90 600
Show your solutions here.
Section:
TEST #2: REVIEW OF MARKET ANALYSIS
I. Instructions: (Show your solution). Given the data in Table A: Demand Schedule of Rolly for Homemade
Pizza (in boxes) and Table B: Supply Schedule of Bert for Cheddar Cheese (in boxes).
a. Solve for the slope of demand and supply curve.
b. Determine the price elasticity of demand and supply.
Table A. Demand Schedule of Rolly for Homemade Pizza (in boxes)
Price per box Number of boxes
₱ 0 20
80 16
120 12
160 8
200 4
240 0
Table B. Supply Schedule of Bert for Cheddar Cheese (in boxes)
Price per box Number of boxes
₱ 50 200
60 300
70 400
80 500
90 600
Show your solutions here.
