On the basis of the three individual demand schedules in the following table, and assuming these are the only three people in the society, determine (a) the market demand schedule on the assumption that the good is a private good and (b) the collective demand schedule on the assumption that the good is a public good. Instructions: Enter your answers as a whole number Individual 1 Individual 2 Individual 3 (b) Public Demand (a) Private Demand Price Od Price Qd Price od Price Qd Price Od 0 1 0 $16 14 $16 14 0 2 0 $16 14 12 10 1 2 3 0 3 516 14 12 10 8 6 12 12 10 8 1 4 10 4 1 2 3 4 5 8 8 2 3 4 6 6 7 6 4 2 6 4 5 6 7 8 4 5 4 6 2 2 5 2