Demand - Column A Column A Column A Quantity Price Trips to...

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1968 Chevy Camaro
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Demand for 1968 Chevy Camaros Each consumer wants one unit Willingness to Pay Demand Schedule Buyer (WTP) Price Qd Alan 10,000 10,000 1 Brenda 8,000 8,000 2 Carl 7,000 7,000 3 Dana 2,000 2,000 4 Eduardo 1,000 1,000 5 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 5.5 - 2,000 4,000 6,000 8,000 10,000 12,000 Demand
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Demand Trips to the Carribean Brad P = 12000 -2000 *Q Angelina P = 12000 -1000 *Q Brad Q = 6 -0.5 *P/1000 Angelina Q = 12 -1 *P/1000 Brad's Deman Brad's Demand Angelina's Demand Market Demand Price Qd Qd Qd 10,000 1 2 3 8,000 2 4 6 6,000 3 6 9 4,000 4 8 12 2,000 5 10 15 0 6 12 18 0 2 4 6 8 10 12 14 16 18 20 0 2,000 4,000 6,000 8,000 10,000 12,000 Demand for Vacations
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Unformatted text preview: Column A Column A Column A Quantity Price Trips to the Carribean Brad P = 12000-2000 *Q Angelina P = 12000-1000 *Q NOT P = 24000-3000 *Q Brad Q = 6-0.5 *P/1000 Angelina Q = 12-1 *P/1000 Brad's Dem rad's Demanelina's Demarket Demand NOT Price Qd Qd Qd Price Q 10,000 2 2 24000 8,000 4 4 8 6,000 6 6 4,000 8 8 2,000 10 10 12 12 2 4 6 8 10 12 14 16 18 20 5000 10000 15000 20000 25000 30000 Demand for Vacations Quantity Price...
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This note was uploaded on 04/26/2010 for the course ECON 101 taught by Professor Staff during the Spring '08 term at Vassar.

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Demand - Column A Column A Column A Quantity Price Trips to...

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