### Show a demand curve for pizza

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##### Reference no: EM1363488

Using the following utility schedule, derive a demand curve for pizza.

Pizza Total Utility Beer Total Utility

1 200 1 500
2 380 2 800
3 540 3 900
4 600 4 920
5 630 5 930

Assume income is \$10, the price of each slice of pizza is \$1, and the price of each glass of beer is \$2.

Then change the price of pizza to \$2 per slice.

Now change income to \$12 and derive a demand curve for pizza.

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