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Principles of Microeconomics Fall 2018 Jesse Herna Homework: Homework 8 (Chapter 10) Consumer Theory Score: 0 of 3 pts 8 of 24 (7 complete) HW Score: 3 Concept: Derive Ind Demand Curve 1 The following table shows Ellies utility from consuming slices of cake and cans of Pepsi Slices Marginal Utility Cans Marginal of from Last Slice of Utility from Pepsi Last Can Cake 120 100 80 60 40 20 120 60 45 30 20 15 Suppose Ellie has $3 per week to spend on cake and Pepsi and that the price of a slice of cake is $0.50. 1.) Use the point drawing tool to plot Ellies demand for Pepsi at a price of $0.25. Label this pointA 2.) Use the point drewing tool to plot Ellies demand for Pepsi at a price of so.50. Label this Quantity of Pepsi point B 3.) Use the line drawing tool to connect the dots to form Elies demand curve. Properly label this Carefully follow the instructions above, and only draw the required objects Object selection tool Click the graph, choose a tool in the palotte and follow the instructions to create your graph. Clear All All parts showing
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