Question:
2 Individual and market demand Suppose that Alex and Becky
Last updated: 1/14/2024
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2 Individual and market demand Suppose that Alex and Becky are the only consumers of ice cream cones in a particular market The following table shows their monthly demand schedules PRICE Dollars per cone Price Dollars per cone 4 SEN 3 4 Alex s Quantity Demanded Cones 8 53 HO 0 Becky s Quantity Demanded Cones 14 10 6 3 On the following graph plot Alex s demand for ice cream cones using the green points triangle symbol Next plot Becky s demand for ice cream cones using the purple points diamond symbol Finally plot the market demand for ice cream cones using the blue points circle symbol 1 Alex s Demand Becky s Demand Market Demand