Supply and Demand Schedule
for Excel Lesson on Price Elasticity of Demand and Supply

Create two supply and demand charts illustrating price elasticity of supply and demand. Attach to a reply post with your description of what is happening on our Google discussion thread: Price Elasticity

Oil

Quantity of Demand Price
300 1.00
290 1.50
280 2.00
270 2.50
260 3.00
250 3.50
240 4.00

 

Coca Cola

Quantity of Demand Price
300 1.00
250 1.50
200 2.00
150 2.50
100 3.00
50 3.50
10 4.00

Oil

Quantity of Supply Price
240 1.00
250 1.50
260 2.00
270 2.50
280 3.00
290 3.50
300 4.00

 

Coca Cola

Quantity of Supply Price
10 1.00
50 1.50
100 2.00
150 2.50
200 3.00
250 3.50
300 4.00