On the following graph, plot Carlos's supply of boots using the green points (triangle symbol). Next, plot Deborah's supply of boots using the purple points (diamond symbol). Finally, plot the market supply of boots using the orange points (square symbol). Note: Line segments will automatically connect the points. Remember to plot from left to right. ? PRICE (Dollars per pair) 8 9 30 20 10 Carlos's Supply Deborah's Supply -8- Market Supply

MACROECONOMICS
14th Edition
ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter4: Supply And Demand: An Initial Look
Section: Chapter Questions
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On the following graph, plot Carlos's supply of boots using the green points (triangle symbol). Next, plot Deborah's supply of boots using the purple
points (diamond symbol). Finally, plot the market supply of boots using the orange points (square symbol).
Note: Line segments will automatically connect the points. Remember to plot from left to right.
8
50
PRICE (Dollars per pair)
8
3
9
10
D
48
QUANTITY (Pairs)
64
$
Carlos's Supply
Deborah's Supply
-0-
Market Supply
Transcribed Image Text:On the following graph, plot Carlos's supply of boots using the green points (triangle symbol). Next, plot Deborah's supply of boots using the purple points (diamond symbol). Finally, plot the market supply of boots using the orange points (square symbol). Note: Line segments will automatically connect the points. Remember to plot from left to right. 8 50 PRICE (Dollars per pair) 8 3 9 10 D 48 QUANTITY (Pairs) 64 $ Carlos's Supply Deborah's Supply -0- Market Supply
6. Individual and market supply
Suppose that Carlos and Deborah are the only suppliers of boots in some hypothetical market. Their annual supply schedules are given by the
following table:
Price
(Dollars per pair)
10
20
30
40
50
Ceed and
Carlos's Quantity Supplied Deborah's Quantity Supplied
(Pairs)
(Pairs)
0
12
24
32
40
44
B
16
24
On the following graph, plot Carlos's supply of boots using the green points (triangle symbol). Next, plot Deborah's supply of boots using the purple
points (diamond symbol). Finally, plot the market supply of boots using the orange points (square symbol).
Note: Line segments will automatically connect the points. Remember to plot from left to right.
28
32
Carlos's Supply
Deborah's Supply
Transcribed Image Text:6. Individual and market supply Suppose that Carlos and Deborah are the only suppliers of boots in some hypothetical market. Their annual supply schedules are given by the following table: Price (Dollars per pair) 10 20 30 40 50 Ceed and Carlos's Quantity Supplied Deborah's Quantity Supplied (Pairs) (Pairs) 0 12 24 32 40 44 B 16 24 On the following graph, plot Carlos's supply of boots using the green points (triangle symbol). Next, plot Deborah's supply of boots using the purple points (diamond symbol). Finally, plot the market supply of boots using the orange points (square symbol). Note: Line segments will automatically connect the points. Remember to plot from left to right. 28 32 Carlos's Supply Deborah's Supply
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