8. Individual and market demand Suppose that Felix and Janet represent the only two consumers of seltzer water in some hypothetical market. The following table presents their annual demand schedules for seltzer water: Price Felix’s Quantity Demanded Janet’s Quantity Demanded (Dollars per case) (Cases) (Cases) 1 40 80 2 30 60 3 20 40 4 10 30 5 0 20 On the following graph, plot Felix’s demand for seltzer water using the green points (triangle symbol). Next, plot Janet’s demand for seltzer water using the purple points (diamond symbol). Finally, plot the market demand for seltzer water using the blue points (circle symbol). Note: Line segments will automatically connect the points. Remember to plot from left to right. Felix’s Demand Janet’s Demand Market Demand 0 20 40 60 80 100 120 6 5 4 3 2 1 0 PRICE (Dollars per case) QUANTITY (Cases)
