Use the information below to construct a step-graph of the six consumers willingness to pay. Willingness to

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Use the information below to construct a step-graph of the six consumers’ willingness to pay.
Willingness to pay for one unit ($)
Fred …………………………………. 8
Ann …………………………………. 2
Morgan ……………………………… 16
Andre ……………………………….. 12
Carla ………………………………… 2
Hanson ……………………………… 4
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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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