Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:the table below reflects the marginal benefit Kim
and Jeremy place on each additional coke- their
first second, etc. Below fill in the market demand
schedule for coke.
Coke
Marginal Benefit(WTP)
Kim
Jeemy
1"
$L.0
$200 :13
SO.75
$155 :13
S0.15
SO00
3,15
ŞO.00
Ş.00 0
Demand Schedule
Price Q
$200
$150
$100
$0.50
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