1. Price Supply Demand
0.50 10 250
0.60 30 220
0.70 50 190
0.80 70 160
0.90 110 130
1.00 130 100
1.10 150 70
1.20 180 40
1.30 210 10
The supply and demand data for a punnet of strawberries
The price of
the product
The quantity
supply/demand
At what point would you make the most profit?
How much profit would you make?
Why is this supply/demand curve useful?