Suppose that Edison and Hilary are the only consumers of pizza slices in a particular market....
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Suppose that Edison and Hilary are the only consumers of pizza slices in a particular market. The following table shows their annual demand schedules: Hilary's Quantity Demanded (Slices) Price Edison's Quantity Demanded (Slices) (Dollars per slice) 30 70 15 50 3 10 30 5 15 5 5 On the following graph, plot Edison's demand for pizza slices using the green points (triangle symbol). Next, plot Hilary'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). 6 Edison's Demand Hlary's Demand Market Demand 1 20 40 60 80 100 120 QUANTITY (Siices) PRICE (Dolars per slice) Suppose that Edison and Hilary are the only consumers of pizza slices in a particular market. The following table shows their annual demand schedules: Hilary's Quantity Demanded (Slices) Price Edison's Quantity Demanded (Slices) (Dollars per slice) 30 70 15 50 3 10 30 5 15 5 5 On the following graph, plot Edison's demand for pizza slices using the green points (triangle symbol). Next, plot Hilary'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). 6 Edison's Demand Hlary's Demand Market Demand 1 20 40 60 80 100 120 QUANTITY (Siices) PRICE (Dolars per slice)
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