Price Raphael's Quantity Demanded Susan's Quantity Demanded (Dollars per slice) (Slices) (Slices) 16 3. 12 8 1. 4. 4. 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).

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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2
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.
Raphael's Demand
Susan's Demand
Market Demand
4
8.
12
16
20
24
QUANTITY (Slices)
MacBook Air
PRICE (Dollars per slice)
Transcribed Image Text:2 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. Raphael's Demand Susan's Demand Market Demand 4 8. 12 16 20 24 QUANTITY (Slices) MacBook Air PRICE (Dollars per slice)
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)
Transcribed Image Text: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)
Expert Solution
Introduction

Market demand is the horizontal sum of all the individual demand at each price. 

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