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John and Michael are the only consumers in a town that is planning on putting on a fireworks display. The graph illustrates John's and Michael's
John and Michael are the only consumers in a town that is planning on putting on a fireworks display. The graph illustrates John's and Michael's demand curves for a fireworks display. Based on the information given in the graph, manipulate the movable demand curve to reflect the overall demand for the fireworksdisplay.
Cost ($)Quantity0.01.02.03.00123456789101112Michael's demandJohn's demandDemand
What kind of good is a fireworksdisplay?
common resource
public good
quasipublic good
private good
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