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1. The demand curve facing a competitive firm The following graph illustrates the market for large moving trucks in Waco, TX, during Baylor's fall move-in

1. The demand curve facing a competitive firm

The following graph illustrates the market for large moving trucks in Waco, TX, during Baylor's fall move-in week.

Supply 400 320 230 Demand 5, 200 240 200 PRICE (Dollars per large truck) 160 120 30 40 5 6 10 1 3 4 7 QUANTITY (Hundreds of large trucks)

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