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You have been hired by a new firm selling electronic dog feeders. Your client ha

ID: 1242685 • Letter: Y

Question

You have been hired by a new firm selling electronic dog feeders. Your client has asked you to gather some data on the supply and demand for the feeder, which is given below, and address several questions regarding the supply and demand for these feeders. Price/Feeder Quantity Demanded Quantity Supplied $300, 500, 1800 270, 600, 1700 240,7000,1600 210,8000,1500 180,1000,1400 150,1100,1300 120,1200,1200 90,1300,1100 60,1400,1000 30,1500,900 10,1600, 800 Your client has asked that you develop a report addressing the following questions so that you can present these findings to their Board of Directors: Questions: Construct a graph showing supply and demand in the electronic dog feeder market, using Microsoft Excel.

Explanation / Answer


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