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Using the following utility schedule, derive a demand curve for pizza.
Pizza Total Utility Beer Total Utility
1 200 1 5002 380 2 8003 540 3 9004 600 4 9205 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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