3. Individual and market demand Suppose that Manuel and Poornima are the only consumers of pizza slices in a particular market. The following table shows their annual demand schedules: Price Manuel’s Quantity Demanded Poornima’s Quantity Demanded (Dollars per slice) (Slices) (Slices) 1 30 80 2 15 60 3 10 40 4 5 30 5 0 20   On the following graph, plot Manuel’s demand for pizza slices using the green points (triangle symbol). Next, plot Poornima’s demand for pizza slices using the purple points (diamond symbol). Finally, plot the market demand for pizza slices using the blue points (circle symbol). Note: Line segments will automatically connect the points. Remember to plot from left to right.   Manuel’s DemandPoornima’s DemandMarket Demand020406080100120654321

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
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3. Individual and market demand

Suppose that Manuel and Poornima are the only consumers of pizza slices in a particular market. The following table shows their annual demand schedules:
Price
Manuel’s Quantity Demanded
Poornima’s Quantity Demanded
(Dollars per slice)
(Slices)
(Slices)
1 30 80
2 15 60
3 10 40
4 5 30
5 0 20
 
On the following graph, plot Manuel’s demand for pizza slices using the green points (triangle symbol). Next, plot Poornima’s demand for pizza slices using the purple points (diamond symbol). Finally, plot the market demand for pizza slices using the blue points (circle symbol).
Note: Line segments will automatically connect the points. Remember to plot from left to right.
 
Manuel’s DemandPoornima’s DemandMarket Demand020406080100120654321
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