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4 - 4 Indlvldual and market supply Suppose that Rajiv and...

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Unformatted text preview: 4. Indlvldual and market supply Suppose that Rajiv and Maloulrn are me only suppllers of botued water ln 3 parthular market. The lollowlng tahle shows thelr supply schedules: Price Malcolm's Quantity Supplied lajlv's Quantity Suppllad {Dollars per bottle) (BORIS per month) (BORIS per month) 0.50 O 20 l 20 60 1.50 40 SD 2 80 1.20 2.50 100 1.40 On the graph below, plot Malcolm's supply 01 bottled water uslng the red points {mass symbol). Next, plot Rajly's supply of bottled water using the green points (mangle symhol). Finally, plot the market supply of bottled water usan the orange polnts (square symbol). Answer PRICE anllar: per butlle] PRICE antur: per battle] 34m ‘ ‘ ‘ ‘ (Malco pm}: 339 2.50 2.5] I'Rajw's Supply :: A ZED 2.00 1.50 J I‘Markria‘wulr 1.50 LED LEI] l 0.50 —’— 0.50 m l l l l m 0 in an 121] 154: 2m 2“] D ‘0 RD 131 16!] ZDII Zfll aum'nnr anhles] m E oum‘lm lBullLes] Emlnnntlan: Ill-II v ...
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