Directions: Below is the supply schedule for hamburgers. Use this supply schedule for

activity 2.1. and 2.2

Price (pesos per unit)

Quantity Supplied

(units per week)

0

0

10

10,000

20

20,000

30

30,000

40

40,000

50

50,000

60

60,000

70

70,000

80

80,000

90

90,000

100

100,000

1. Graph the movement along the supply curve when the price of hamburger rises from

P/40 to P/60 per unit. Explain the movement of the supply curve.

2. Graph the shifts of the supply curve when the seller would choose to sell 50,000

instead of 40,000 hamburgers at price P/40. Explain the shift of the supply curve.

3. Many lanzones and rambutan farmers open temporary roadside stands during harvest

season, even though prices are usually low at that time. In this case, as the price of

their product falls, farmers sell more, not less. Is this an exception to the law of

supply?​