Yoursquore given the following individual demand tables for, Ask an Expert

Economics

You’re given the following individual demand tables for comic books.

a. Calculate market demand.

Instructions: Enter your responses in the table below.

Price John Liz Alex DMarket

$2 10 18 28

4 9 16 24

6 8 14 20

8 7 12 16

10 6 10 12

12 5 8 8

14 4 6 4

16 3 4 0

b. If the current market price is $8, total market quantity demanded is Economic books.

c. If price rises to $14, total market quantity demanded is Economic books.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91960201

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