The table below shows the demand and supply schedule for gasoline in a hypothetical country called Microland Price per litre ($) Quantity Deman d ed in 000 Quantity Supplied in 000 litres (per M o...


The table below shows the demand and supply schedule for gasoline in a hypothetical country called Microland





















































































Price per litre ($)




Quantity Deman
d
ed in 000




Quantity Supplied in 000




litres (per M
o
nth)




litres (per month)



11



0



27



10



2



25



9



4



23



8



6



20



7



8



17



6



10



15



5



12



12



4



14



10



3



16



7



2



18



5



1



3



3



Construct the demand and supply curves for gasoline to show the market equilibrium for gasoline.



Jun 10, 2022
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