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Suppose that Alex and Becky are the only suppliers of pizza slices in a particular market. The following table shows their annual supply schedules: Price
Suppose that Alex and Becky are the only suppliers of pizza slices in a particular market. The following table shows their annual supply schedules:
Price | Alex's Quantity Supplied | Becky's Quantity Supplied |
---|---|---|
(Dollars per slice) | (Slices) | (Slices) |
1 | 0 | 20 |
2 | 20 | 35 |
3 | 30 | 45 |
4 | 35 | 50 |
5 | 40 | 55 |
On the following graph, plot Alex's supply of pizza slices using the green points (triangle symbol). Next, plot Becky's supply of pizza slices using the purple points (diamond symbol). Finally, plot the market supply of pizza slices using the orange points (square symbol).
Note: Line segments will automatically connect the points. Remember to plot from left to right.
A 5 Alex's Supply 4 Becky's Supply 3 PRICE (Dollars per slice) Market Supply 2 20 40 60 80 100 120 QUANTITY (Slices)Step by Step Solution
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