Susan and Katy share an apartment, which they have decided to decorate for the holidays. The figure below shows Susan’s and Katy’s individual demand for strands of lights, measured metres. If Susan and Katy were to individually decide how many metres of lights to purchase, how much would be purchased if the price of lights were $16 per metre. SOLUTION IS NOT 20 METRES   5 metres 10 metres 15 metres 20 metres None of these.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Susan and Katy share an apartment, which they have decided to decorate for the holidays. The figure below shows Susan’s and Katy’s individual demand for strands of lights, measured metres.

If Susan and Katy were to individually decide how many metres of lights to purchase, how much would be purchased if the price of lights were $16 per metre.

SOLUTION IS NOT 20 METRES

 

5 metres

10 metres

15 metres

20 metres

None of these.

Price ($)
32
24
20
16
12
Dsusan
DKaty
8
4
5
10
15
20
25
Quantity
40
Transcribed Image Text:Price ($) 32 24 20 16 12 Dsusan DKaty 8 4 5 10 15 20 25 Quantity 40
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