The following data reveal how much each consumer is willing to pay for an Alaskan cruise: Amy $900 Ed $2,000 Bob $1,100 Gigi $1,300        Carol $1,500 Hugo $1,800 Eduardo $400 Isabelle $1,500 Draw the market demand for these eight consumers on the accompanying graph

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
Problem 7P
Question

The following data reveal how much each consumer is willing to pay for an Alaskan cruise:

Amy $900

Ed $2,000

Bob $1,100

Gigi $1,300       

Carol $1,500

Hugo $1,800

Eduardo $400

Isabelle $1,500

Draw the market demand for these eight consumers on the accompanying graph

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