Santiago Canyon Coll Hormework 1 -Ch 1,2, and4 Question 14 (of 18) Save& Ex 14.

Question

Santiago Canyon Coll Hormework 1 -Ch 1,2, and4 Question 14 (of 18) Save& Ex 14. 100 points 1.00 points You're given the following individual demand tables for comic books a. Calculate market demand Alex $16 14 12 10 12 16 20 28 32 36 12 16 20 b. Graph the market demand curve. I Instructions: Use the tool provided $2 (8 points total) curve based on the data given in the table above. Plot and ar to draw the market demand an e based on the data given in the table above. Plot ponts at prices of $16, $14, $12, so se s6 Comic Books

Explanation / Answer

a. the market demand; 8,12,20, 28, 36,54, 62, and 60 with respectively to the prices.

c.at market price $4 the demand is for 20 units, if price is $8 the demand is for 10 units

d. both the curves moves right towards their existing places

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