Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Just question number 1 please!
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Part 2: Individual and Market Demand
1
Table 1: Demand for Coffee
Price
Ann
Bob
Casper
1. Ann, Bob, and Casper all work in the same building and like to
$0
5
4
consume caffeine throughout the day. Draw Ann, Bob, and
Casper's individual demand curves for coffee on one graph, with
$1
4
$2
2
1
price on the vertical axis.
$3
2
1
1
$4
1
$5
2
2. What is Ann's demand for coffee? (Write in the form of Y = mx + b).
3. Assume Ann, Bob, and Casper are the only workers who consume of coffee. Draw the market demand
curve, with price on the vertical axis.
II"
Transcribed Image Text:Pitt
Das X
6 Lau X
BIO X b Ans X
Rec X
in (15 X
Bio
Micro
The Ec
A My Cou lli Econ 0
Mici X
Chem II
Home
Mail - J
G what is +
production-gradescope-uploads.s3-us-west-2.amazonaws.com/uploads/pdf_attachment/file/65133311/2022s_Recitation_2_Activity.pdf?X-Amz-Algorithm=AWS4...
A
Apps
M Gmail
YouTube
Maps
KnightCite Citatio...
Charles Schwab
O job
E Reading List
Microsoft Word - 2022s Recitation 2 Activity
2 / 2
110%
+ | 8 O
Part 2: Individual and Market Demand
1
Table 1: Demand for Coffee
Price
Ann
Bob
Casper
1. Ann, Bob, and Casper all work in the same building and like to
$0
5
4
consume caffeine throughout the day. Draw Ann, Bob, and
Casper's individual demand curves for coffee on one graph, with
$1
4
$2
2
1
price on the vertical axis.
$3
2
1
1
$4
1
$5
2
2. What is Ann's demand for coffee? (Write in the form of Y = mx + b).
3. Assume Ann, Bob, and Casper are the only workers who consume of coffee. Draw the market demand
curve, with price on the vertical axis.
II
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