3. Individual and market demand
Suppose that Kevin and Maria are the only consumers of pizza slices in a particular market. The following table shows their annual demand schedules:
Price (Dollars per slice) Kevin's Quantity Demanded Maria's Quantity Demanded (Slices) (Slices) 40 80 60 40 20 5 10
On the following graph, plot Kevin's demand for pizza slices using the green points (triangle symbol). Next, plot Maria's demand for pizza slices using the purple points (diamond symbol). Finally, plot the market demand for pizza slices using the blue points (circle symbol).
Note: Line segments will automatically connect the points. Remember to plot from left to right.
Answer:
3. Individual and market demand Suppose that Kevin and Maria are the only consumers of pizza...
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