Suppose that Sean and Yvette are the only consumers of shoes in a particular market. The following
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Suppose that Sean and Yvette are the only consumers of shoes in a particular market. The following table shows their annual demand schedules:
Price | Sean's Quantity Demanded | Yvette's Quantity Demanded |
---|---|---|
(Dollars per pair) | (Pairs) | (Pairs) |
10 | 32 | 64 |
20 | 24 | 48 |
30 | 16 | 32 |
40 | 8 | 24 |
50 | 0 | 16 |
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