Archive for October 8th, 2007


ISS Homework Sections A,C,E,G,H

Due Tuesday 10/9

Complete questions 1 -7 on Handout 7-1, Changes in the Supply and Demand of Gasoline.  Use the graph on the back for questions 1-6.  For number 7 a -e you should have three arrows circled for each letter.  Only supply OR demand is affected, not both.  Then you should circle how equilibrium quantity and price will be affected.