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According to Problem 3.5 on page 305 of Microeconomics third Edtion. There is a

ID: 1232888 • Letter: A

Question

According to Problem 3.5 on page 305 of Microeconomics third Edtion. There is a chart that shows the following Price $1.75 Josh 2 Daisuke 1 Tim 0 Market Price$1.50 Josh 4 Daisuke 3 Tim 2 Market(), Price$ 1.25: Josh (6), Daiuske (4), Tim (3), Market (), Price$1.00: Josh(7), Daisuke (6), Tim (4) Market (), Price $0.75: Josh (9), Daisuke (7), Tim (5), Market () how would I use this information in this chart to construct the market demand curve for ice cream in both a table and a graph. I need to make sure my graph shows the price data in the vertical axis and the market quanity does the horizontal axis.

Explanation / Answer

downward sloping graph

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