CO 95 90 Macmillan Learning @ The accompanying table contains the individual demand schedules of dark chocolate for Vanessa and Angela. Assuming they are the only people in the market for dark chocolate, place each of their individual demand curves and the market demand curve at the correct locations on the accompanying graph. Price of dark chocolate (per pound) $8 $1 Pounds of dark chocolate demanded by Vanessa 1 3 Pounds of dark chocolate demanded by Angela 3 5 Market for Dark Chocolate , 10 Vanessa 9 26.789 rice of dark chocolate ($/lb) 5 8 7 AUG 30 Angela " W Market

Suppose that Tim and Alyssa are the only consumers of pizza slices in a particular market. The following table shows their annual demand schedules:

Individual and market demand Suppose that Sean and Yvette are the only consumers of ice cream cones in a particular market. The following table shows their monthly demand schedules: Price Sean’s Quantity Demanded Yvette’s Quantity Demanded (Dollars per cone) (Cones) (Cones) 1 8 16 2 6 12 3 4 8 4 2 6 5 0 4   On the following graph, plot Sean’s demand for ice cream cones using the green points (triangle symbol). Next, plot Yvette’s demand for ice cream cones using the purple points (diamond symbol). Finally, plot the market demand for ice cream cones using the blue points (circle symbol). Note: Line segments will automatically connect the points. Remember to plot from left to right.   Sean’s DemandYvette’s DemandMarket Demand048121620246543210PRICE (Dollars per cone)QUANTITY (Cones)

Suppose that Felix and Janet represent the only two consumers of laundry detergent in some hypothetical market. The following table presents their annual demand schedules for laundry detergent: Price (Dollars per bottle) 2 4 PRICE (Dollars per bottle) 12 10 On the following graph, plot Felix's demand for laundry detergent using the green points (triangle symbol). Next, plot Janet's demand for laundry detergent using the purple points (diamond symbol). Finally, plot the market demand for laundry detergent using the blue points (circle symbol). 2 6 Note: Line segments will automatically connect the points. Remember to plot from left to right. 0 8 10 0 Felix's Quantity Demanded Janet's Quantity Demanded (Bottles) 16 (Bottles) 24 10 16 12 8 4 8 16 6 2 0 24 32 QUANTITY (Bottles) 40 48 A Felix's Demand Janet's Demand Market Demand (?)

11:55 The table below shows the per unit prices and marginal utility for the last unit of waffles and donuts that Luke purchased. Waffles Price per unit Marginal utility Luke spent all of his allocated budget on waffles and donuts. To maximize his utility, Luke should purchase O fewer of both goods O fewer waffles and more donuts O equal amounts of both goods O more both goods O more waffles and fewer donuts $25 Donuts 50 $10 50

Tammy loves donuts. The table shown reflects the value Tammy places on each donut she eats:Value of first donut $0.60Value of second donut $0.50Value of third donut $0.40Value of fourth donut $0.30Value of fifth donut $0.20Value of sixth donut $0.10a. Use this information to construct Tammy's demand curve for donuts.b. If the price of donuts is $0.20, how many donuts will Tammy buy? c. Show Tammy's consumer surplus on your graph. How much consumer surplus would shehave at a price of $0.20? d. If the price of donuts rose to $0.40, how many donuts would she purchase now? Whatwould happen to Tammy's consumer surplus? Show this change on your graph.

Apps Suppose that Raphael and Susan are the only consumers of pizza slices in a particular market. The following table shows their weekly demand schedules: Price Raphael's Quantity Demanded Susan's Quantity Demanded (Dollars per slice) (Slices) (Slices) 1 16 3 12 2 8 4. 1 On the following graph, plot Raphael's demand for pizza slices using the green points (triangle symbol). Next, plot Susan'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. (? 6. Raphael's Demand Susan's Demand Market Demand MacBook Air PRICE (Dollars per slice)

The following table shows Ellie's utility from consuming slices of pie and cans of 7 - Up. Slices of Pie 0 1 23456 Marginal Utility Cans from Last Slice of 7-Up 0 1 2 120 100 80 60 40 20 234 5 6 Marginal Utility from Last Can 120 60 45 30 20 15 Suppose Ellie has $6 per week to spend on pie and 7 - Up and that the price of a slice of pie is $1.00. 1.) Use the point drawing tool to plot Ellie's demand for 7-Up at a price of $2.00. Label this point 'A'. 2.) Use the point drawing tool to plot Ellie's demand for 7- Up at a price of $0.50. Label this point 'B'. 3.) Use the line drawing tool to connect the dots to form Ellie's demand curve. Properly label this line. Carefully follow the instructions above, and only draw the required objects. Price of 7-Up 12 4.5- 4- 3.5- 3- 2.5- 2- 1.5- 1- 0.5- 0- 3 4 Quantity of 7-Up 5

Mario and Chris are the only two consumers in a particular market for train tickets. The following table displays the relationship between the price of bus tickets for each consumer and quantity of train tickets demanded per week when the price of train tickets is $4.00 each. $2.00 $3.00 $4.00 $5.00 Price of bus tickets Mario's demand for train tickets 8 6. 4 2 Chris' demand for train tickets 1 2 3 a) Suppose the price of bus tickets is $4. The market demand of train tickets per day is

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