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3. Individual and market demand

Suppose that Paolo and Sharon are the only consumers of Scented candles in a particular market. The following table shows their annual demand schedules:

PricePaolo's Quantity DemandedSharon's Quantity Demanded
(Dollars per candle)(Candles)(Candles)
21628
41020
6612
826
1002


CENGAGE MINDTAP Q Search this col Homework (Ch 04) A Paolos Demand Sharons Demand PRICE (Dollars per candle) Market Demand


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Paolos Sharons coty. Demanded (Candle cety. Demanded (candles) Market Demund (Candles) Jel percendle) 2 4 44 20 30 18 20 8

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