Question
In the year 2007, in Anytown, suppose that one person is willing to pay $1,000 for relief from hay fever; another two are willing to
In the year 2007, in Anytown, suppose that one person is willing to pay $1,000 for relief from hay fever; another two are willing to pay $350; about five more are willing to pay $50; one is willing to pay $40; one is willing to pay $35; one each is willing to pay $34, $32, $30, and $28; about a dozen are willing to pay $10; four are willing to pay $5; and half of the rest of the town (another 75 people) are willing to pay $1.
(a)Draw the demand curve(or tell me what you think it would look like) for hay fever relief in Anytown.
(review demand curves in your book-don't overthink it)
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