At a price of $6: Market Demand Curve Quantty Demanded Fon Nam Maket Pice 10 6. Yng Som Gob Yam Demand 10 2. 21 26 20 4. 10 12 10 10 10 30 40 46 11 Market Demand O All individuals will demand some of the good O Gob demands more than Yam O Ying and Som together Demand more than Fon Everyone in this market demands a total of 26 units of the good.

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
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The individual and market demand curves are created by graphing the prices and
quantities from the demand schedules.
At a price of $6:
Market Demand Curve
12
Quantity Demanded
Market
Demand
Pice
10
Ying
Som
Fon
Nam
Gob
Yam
2
10
4.
2
21
26
29
10
36
2.
10
10
40
12
11
10
48
Market Demand
10
20
30
40
50
60
All 6 individuals will demand some of the good
Gob demands more than Yam
Ying and Som together Demand more than Fon
O Everyone in this market demands a total of 26 units of the good.
Transcribed Image Text:The individual and market demand curves are created by graphing the prices and quantities from the demand schedules. At a price of $6: Market Demand Curve 12 Quantity Demanded Market Demand Pice 10 Ying Som Fon Nam Gob Yam 2 10 4. 2 21 26 29 10 36 2. 10 10 40 12 11 10 48 Market Demand 10 20 30 40 50 60 All 6 individuals will demand some of the good Gob demands more than Yam Ying and Som together Demand more than Fon O Everyone in this market demands a total of 26 units of the good.
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