5 Construct the market supply schedule. What are the minimum prices that Xavier, Yasmin and Zack are

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5 Construct the market supply schedule. What are the minimum prices that Xavier, Yasmin and Zack are willing to accept to supply 20 rides? Why?

The table gives the supply schedules of hot air balloon rides for the only sellers in the market: Xavier, Yasmin and Zack.

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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Question Posted: Nov 06, 2024 03:00 AM

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5 Construct the market supply schedule. What are the minimum prices that Xavier, Yasmin and Zack are

Question:

Price (euros per ride) Quantity supplied (rides) Xavier Yasmin Zack 100 30 25 20 90 25 20 15 80 20 15 10 70 15 10 5 60 10 5 0 50 5 0 0 40 0 0 0

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Economics

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