A change in supply surge
Individual and market demand Suppose that Gilberto and Juanita are the only consumers of scented candles in a particular market. The following table shows their annual demand schedules: Price Gilberto’s Quantity Demanded Juanita’s Quantity Demanded (Dollars per candle) (Candles) (Candles) 2 16 32 4 10 24 6 6 16 8 2 12 10 0 8 On the following […]
