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Refer to the following table to draw the demand curve. Include those bids that are on (and off) the demand curve. You only need to
Refer to the following table to draw the demand curve. Include those bids that are on (and off) the demand curve. You only need to pick two customers to illustrate your understanding. (This is a simplified version of eBay's bidding process to illustrate the concept of a demand curve. I have included the automatic bidding). (2 marks) Customers Initial Bids2 Max Amount Comfortable Pavin $6 $80 $120 2 $55 $60 $61 $70 $70
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