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To complete the new supply schedule given the changes in the market, let's proceed step-by-step based on the provided data and necessary calculations.
### Step-by-Step Solution:
#### Part (a): Finding New Quantities Supplied at Each Price
Here are the initial quantities supplied at various prices:
| Price (dollars) | Initial Quantity Supplied (heads) |
|------------------|------------------------------------|
| [tex]$3.00 | 320 | | $[/tex]2.50 | 280 |
| [tex]$2.00 | 240 | | $[/tex]1.50 | 200 |
| [tex]$1.00 | 160 | | $[/tex]0.50 | 120 |
Assuming that the new quantities supplied increase uniformly by 50 heads at each price, the computation would be as follows:
- At [tex]$3.00, new quantity: \(320 + 50 = 370\) - At $[/tex]2.50, new quantity: [tex]\(280 + 50 = 330\)[/tex]
- At [tex]$2.00, new quantity: \(240 + 50 = 290\) - At $[/tex]1.50, new quantity: [tex]\(200 + 50 = 250\)[/tex]
- At [tex]$1.00, new quantity: \(160 + 50 = 210\) - At $[/tex]0.50, new quantity: [tex]\(120 + 50 = 170\)[/tex]
Thus, the new quantities supplied at each price are as follows:
| Price (dollars) | New Quantity Supplied (heads) |
|------------------|------------------------------|
| [tex]$3.00 | 370 | | $[/tex]2.50 | 330 |
| [tex]$2.00 | 290 | | $[/tex]1.50 | 250 |
| [tex]$1.00 | 210 | | $[/tex]0.50 | 170 |
#### Part (b): Quantity Supplied at [tex]$1.00 after Market Increase With the initial price of $[/tex]1.00, the original quantity supplied was 160 heads. After the market change, the new quantity supplied at [tex]$1.00 became 210 heads (as computed above). However, due to an additional increase in market supply, this quantity rose further to 370 heads of lettuce. - The original quantity at $[/tex]1.00 was 160 heads.
- The new quantity at [tex]$1.00 with a uniform increase is 210 heads. - After a market increase, this new total quantity at $[/tex]1.00 is 370 heads.
### Completed New Supply Schedule
Here is the final completed table:
| Price (dollars) | Initial Quantity Supplied (heads) | New Quantity Supplied (heads) | New Total Quantity Supplied After Market Increase at [tex]$1.00 (heads) | |------------------|------------------------------------|------------------------------|-------------------------------------------------------------| | $[/tex]3.00 | 320 | 370 | |
| [tex]$2.50 | 280 | 330 | | | $[/tex]2.00 | 240 | 290 | |
| [tex]$1.50 | 200 | 250 | | | $[/tex]1.00 | 160 | 210 | 370 |
| $0.50 | 120 | 170 | |
### Step-by-Step Solution:
#### Part (a): Finding New Quantities Supplied at Each Price
Here are the initial quantities supplied at various prices:
| Price (dollars) | Initial Quantity Supplied (heads) |
|------------------|------------------------------------|
| [tex]$3.00 | 320 | | $[/tex]2.50 | 280 |
| [tex]$2.00 | 240 | | $[/tex]1.50 | 200 |
| [tex]$1.00 | 160 | | $[/tex]0.50 | 120 |
Assuming that the new quantities supplied increase uniformly by 50 heads at each price, the computation would be as follows:
- At [tex]$3.00, new quantity: \(320 + 50 = 370\) - At $[/tex]2.50, new quantity: [tex]\(280 + 50 = 330\)[/tex]
- At [tex]$2.00, new quantity: \(240 + 50 = 290\) - At $[/tex]1.50, new quantity: [tex]\(200 + 50 = 250\)[/tex]
- At [tex]$1.00, new quantity: \(160 + 50 = 210\) - At $[/tex]0.50, new quantity: [tex]\(120 + 50 = 170\)[/tex]
Thus, the new quantities supplied at each price are as follows:
| Price (dollars) | New Quantity Supplied (heads) |
|------------------|------------------------------|
| [tex]$3.00 | 370 | | $[/tex]2.50 | 330 |
| [tex]$2.00 | 290 | | $[/tex]1.50 | 250 |
| [tex]$1.00 | 210 | | $[/tex]0.50 | 170 |
#### Part (b): Quantity Supplied at [tex]$1.00 after Market Increase With the initial price of $[/tex]1.00, the original quantity supplied was 160 heads. After the market change, the new quantity supplied at [tex]$1.00 became 210 heads (as computed above). However, due to an additional increase in market supply, this quantity rose further to 370 heads of lettuce. - The original quantity at $[/tex]1.00 was 160 heads.
- The new quantity at [tex]$1.00 with a uniform increase is 210 heads. - After a market increase, this new total quantity at $[/tex]1.00 is 370 heads.
### Completed New Supply Schedule
Here is the final completed table:
| Price (dollars) | Initial Quantity Supplied (heads) | New Quantity Supplied (heads) | New Total Quantity Supplied After Market Increase at [tex]$1.00 (heads) | |------------------|------------------------------------|------------------------------|-------------------------------------------------------------| | $[/tex]3.00 | 320 | 370 | |
| [tex]$2.50 | 280 | 330 | | | $[/tex]2.00 | 240 | 290 | |
| [tex]$1.50 | 200 | 250 | | | $[/tex]1.00 | 160 | 210 | 370 |
| $0.50 | 120 | 170 | |
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