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2. Below is a Demand and Supply Schedule for Candy Bars. Use the information provided by...

2. Below is a Demand and Supply Schedule for Candy Bars. Use the information provided by the demand and supply schedule to graph the market for candy bars.

2B. Use the data in the table and your diagram to derive the demand and supply equations. Clearly identify the slopes and intercepts for the two equations.

2C. Use the data in the table and your diagram to determine the market equilibrium.

rice Per Bar Quantity Demanded Quantity Supplied
$2.00 100 800
$1.60 200 600
$1.20 300 400
$0.80 400 200
$0.40 500 0
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