Q3. Let us suppose that we have table showing three individual demands for three different persons. Illustrate the demanded curve for the three persons. Illustrate the market demand from the table. Price per Pizza Person A Quantity Demanded Person B Quantity Demanded Person C Quantity Demanded 1.50RO 6 8 10 2.00RO 4 6 7 2.50RO 2 4 5 3.00RO 1.5 2 3 4.50RO 0 1 1
Q3. Let us suppose that we have table showing three individual demands for three different persons. Illustrate the demanded curve for the three persons. Illustrate the market demand from the table. Price per Pizza Person A Quantity Demanded Person B Quantity Demanded Person C Quantity Demanded 1.50RO 6 8 10 2.00RO 4 6 7 2.50RO 2 4 5 3.00RO 1.5 2 3 4.50RO 0 1 1
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Q3. Let us suppose that we have table showing three individual demands for three different persons.
- Illustrate the demanded curve for the three persons.
- Illustrate the market
demand from the table.
|
Person A Quantity Demanded |
Person B Quantity Demanded
|
Person C Quantity Demanded
|
1.50RO |
6 |
8 |
10 |
2.00RO |
4 |
6 |
7 |
2.50RO |
2 |
4 |
5 |
3.00RO |
1.5 |
2 |
3 |
4.50RO |
0 |
1 |
1 |
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