The Following Table Shows Ellie S Utility From Consuming Slices Of Cake And Cans Of Dr Pepper Marginal Slices Of Margi 1 (40.15 KiB) Viewed 10 times
The Following Table Shows Ellie S Utility From Consuming Slices Of Cake And Cans Of Dr Pepper Marginal Slices Of Margi 2 (57.63 KiB) Viewed 10 times
The following table shows Ellie's utility from consuming slices of cake and cans of Dr. Pepper. Marginal Slices of Marginal Utility Cans from Last Slice of Utility from Cake Dr. Pepper Last Can 0 1 2 3 4 0 1 2 3 4 5 6 120 100 80 60 40 20 5 6 - 120 60 45 30 20 15 Suppose Ellie has $12 per week to spend on cake and Dr. Pepper and that the price of a slice of cake is $2.00. 1.) Use the point drawing tool to plot Ellie's demand for Dr. Pepper at a price of $4.00. Label this point 'A'. 2.) Use the point drawing tool to plot Ellie's demand for Dr. Pepper at a price of $1.00. Label this point 'B'. 3.) Use the line drawing tool to connect the dots to form Ellie's demand curve. Properly label this line. Carefully follow the instructions above, and only draw the required objects.
Price of Dr. Pepper 5- 4.5- 4- 3.5- 3 2.5- 2- 1.5- 1- 0.5- 0+ 0 2 3 4 Quantity of Dr. Pepper 5 6 Q
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