I have a problem like this. At $2 per bushel, the annual supply for soybeans in the South is 9 billion bushels, and the annual demand is 6 billion bushels. When the price FALLS to $1.50 per bushel, the annual supply DECREASES to 8 billion bushels, and the annual demand increases to 7.4 billion bushels.
So, I have:
(9, 2)
(8, 1.50)
What I don't understand is whether or not I need to use NEGATIVES for these points because of the decreases??? when I use the points to find equations.
Sandy
