Macmillan Learning The accompanying table shows the maximum price each person in a small office is willing to pay for a memory foam seat cushion. Since each worker only has one chair, no one wants to buy more than one cushion. Use the table to construct an approximate demand curve for memory foam seat cushions. Worker Derrick Max. Price $19 Portia $8 Marcus $15 Ryo $6 Emily $10 Kal $12 13 Price (S) 20 19 18 17 16 15 14 13 12 11 10 8 3 5 Quantity of Seat Cushions Demand 8
Macmillan Learning The accompanying table shows the maximum price each person in a small office is willing to pay for a memory foam seat cushion. Since each worker only has one chair, no one wants to buy more than one cushion. Use the table to construct an approximate demand curve for memory foam seat cushions. Worker Derrick Max. Price $19 Portia $8 Marcus $15 Ryo $6 Emily $10 Kal $12 13 Price (S) 20 19 18 17 16 15 14 13 12 11 10 8 3 5 Quantity of Seat Cushions Demand 8
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Macmillan Learning
The accompanying table shows the maximum price each person in a small office is willing to pay for a memory foam seat
cushion. Since each worker only has one chair, no one wants to buy more than one cushion. Use the table to construct an
approximate demand curve for memory foam seat cushions.
Worker
Derrick
Max. Price
$19
Portia
$8
Marcus
$15
Ryo
$6
Emily
$10
Kal
$12
13
Price (S)
20
19
18
17
16
15
14
13
12
11
10
8
3
5
Quantity of Seat Cushions
Demand
8
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