The cocoa bean production catastrophe gets all straightened out (i.e., the price of chocolate Bars decreases to its original market price of $1). Further, a university donor has offered more scholarship support to students, leading to increased income for all. Once again, log your purchases next to the product price (below) remembering to spend all of your income ($8). Individual Quantities Market Quantities Can of Coke =$ Chocolate Bar = 1 Trail Mix 2$1 Carton of Milk =$1 As an Economist, you {yes you!) are interested in how these various factors impact the Market Demand for these products. Therefore, you need to develop a market demand curve. Get in a group of 5 8 people, and determine the "Market Quantities" for situation 1 and situation 2 only (simply sum the quantities demanded for each product at each price level over all individuals) and log the values in the spaces provided above. we will deal with situation 3 later. You now have the ability to develop a demand curve for Chocolate Bars {remember that a market demand curve is simply the summation of individual demands at various prices)