Suppose that Zimal and Zawaiyar are the only consumers of perfumes in a particular market. The following table shows their annual demand schedules:   Price (Per Bottle of Perfume) Zimal’s Quantity Demanded Zawaiyar’s Quantity Demanded Market Supply 100 600 650 250 200 500 550 450 300 400 450 850 400 300 350 1050 500 200 250 1250 600 100 150 1450 Given the following information construct market demand curve and find the market equilibrium.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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  1. Suppose that Zimal and Zawaiyar are the only consumers of perfumes in a particular market. The following table shows their annual demand schedules:

 

Price (Per Bottle of Perfume)

Zimal’s Quantity Demanded

Zawaiyar’s Quantity Demanded

Market Supply

100

600

650

250

200

500

550

450

300

400

450

850

400

300

350

1050

500

200

250

1250

600

100

150

1450


Given the following information construct market demand curve and find the market equilibrium.

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