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Tony buys 3 donuts and pays the price of $1.00 per donut, or $3.00 in total. Tony's demand curve for donuts is downward sloping and

Tony buys 3 donuts and pays the price of $1.00 per donut, or $3.00 in total. Tony's demand curve for donuts is downward sloping and can be represented by the following table: Donut Price Quantity Demanded $2.00 1 $1.50 2 $1.00 3

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