Construct the demand curve for the entire market

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1. Draw a graph showing the consumer's surplus Jim would get from his strawberry purchase in Test Yourself Question 5, and check your answer with the help of your marginal utility table.

2. Consider a market with two consumers, Jasmine and Jim. Draw a demand curve for each of the two consumers, and use those curves to construct the demand curve for the entire market.

Reference no: EM131403235

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