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6. Individual and market supply Suppose that Van and Amy are the only suppliers of pizza slices in a particular market. The following table shows their annual supply schedules: Price (Dollars per slice) 1 2 3 4 5 Van's Quantity Supplied Amy's Quantity Supplied (Slices) (Slices) 0 20 35 45 20 30 35 40 50 55 On the following graph, plot Van's supply of pizza slices using the green points (triangle symbol). Next, plot Amy's supply of pizza slices using the purple points (diamond symbol). Finally, plot the market supply of pizza slices using the orange points (square symbol).

6. Individual and market supply Suppose that Van and Amy are the only suppliers of pizza slices in a particular market. The following table shows their annual supply schedules: Price (Dollars per slice) 1 2 3 4 5 Van's Quantity Supplied Amy's Quantity Supplied (Slices) (Slices) 0 20 35 45 20 30 35 40 50 55 On the following graph, plot Van's supply of pizza slices using the green points (triangle symbol). Next, plot Amy's supply of pizza slices using the purple points (diamond symbol). Finally, plot the market supply of pizza slices using the orange points (square symbol).

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter3: Demand And Supply
Section: Chapter Questions
Problem 55P: Table 3.9 illustrates the markets demand and supply for cheddar cheese. Graph the data and find the...
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Note: Line segments will automatically connect the points. Remember toplot from left to right. PRICE (Dollars per slice) 6 LO 5 A 2 1 0 20 40 60 80 QUANTITY (Slices) 100 120 Van's Supply Amy's Supply Market Supply ?
Transcribed Image Text:Note: Line segments will automatically connect the points. Remember toplot from left to right. PRICE (Dollars per slice) 6 LO 5 A 2 1 0 20 40 60 80 QUANTITY (Slices) 100 120 Van's Supply Amy's Supply Market Supply ?
6. Individual and market supply Suppose that Van and Amy are the only suppliers of pizza slices in a particular market. The following table shows their annual supply schedules: Price (Dollars per slice) 1 2 3 4 5 Van's Quantity Supplied Amy's Quantity Supplied (Slices) (Slices) 20 35 45 。 20 30 35 40 50 55 On the following graph, plot Van's supply of pizza slices using the green points (triangle symbol). Next, plot Amy's supply of pizza slices using the purple points (diamond symbol). Finally, plot the market supply of pizza slices using the orange points (square symbol).
Transcribed Image Text:6. Individual and market supply Suppose that Van and Amy are the only suppliers of pizza slices in a particular market. The following table shows their annual supply schedules: Price (Dollars per slice) 1 2 3 4 5 Van's Quantity Supplied Amy's Quantity Supplied (Slices) (Slices) 20 35 45 。 20 30 35 40 50 55 On the following graph, plot Van's supply of pizza slices using the green points (triangle symbol). Next, plot Amy's supply of pizza slices using the purple points (diamond symbol). Finally, plot the market supply of pizza slices using the orange points (square symbol).
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