Unit 2 – Economic Environment Supply & Demand of Orange Juice Study

Directions: Label the graph according to the following information.
(X-Axis: increments of 10; Y-Axis: increments of 20)
Graph the supply and demand curves for orange juice on the chart.

PEOPLE WOULD STORES WOULD
BUY/DEMAND SUPPLY/SELL
PRICE (Million half gallons) (Million half gallons)

$0.60 55 25
$0.80 40 40
$1.20 25 55
$1.60 10 70
$2.00 5 85
$2.40 1 90

Quantity (Millions of half-gallons per Day)

Acompany manufactures large valves, packed in boxes. a shipment consists of 1500 valves packed in 75 boxes. each box has the outer dimensions 1.2 x 0.8 x 1.6 m and the inner dimensions 1.19 x 0.79 x 1.59 m. the boxes are loaded on a vehicle (truck + trailer). the available capacity in the vehicle combination is 140 m3. each valve has a volume of 0.06 m3. - calculate the load factor on the box level (%). - calculate the load factor on the vehicle level (%). - calculate the overall load factor (%).