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On the following graph, plot Shen's demand for laundry detergent using the green points (triangle symbol). Next, plot Valerie's demand for laundry detergent using the
On the following graph, plot Shen's demand for laundry detergent using the green points (triangle symbol). Next, plot Valerie's demand for laundry detergent using the purple points (diamond symbol). Finally, plot the market demand for laundry detergent using the blue points (circle symbol). Note: Line segments will automatically connect the points. Remember to plot from left to right. 12 A 10 Shen's Demand 8 Valerie's Demand 6 O PRICE (Dollars per bottle) Market Demand 2 8 16 24 32 40 48 QUANTITY (Bottles)Suppose that Shen and Valerie represent the only two consumers of laundry detergent in some hypothetical market. The following table presents their annual demand schedules for laundry detergent: Price Shen's Quantity Demanded Valerie's Quantity Demanded ( Dollars per bottle) (Bottles) (Bottles) 2 16 32 4 10 24 6 6 15 8 2 8 10 o 4
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