The table shows the demand schedules for candy for Josie and

The table shows the demand schedules for candy for Josie and Tim (the only buyers in the market). Use the data in the table to draw three points on the market demand curve. Draw the market demand curse through the points. Label it. Draw only the objects specified in the question.

Solution

Demand schedule is a curve showing demand at different prices. Two persons are there. Individual demand schedules are stated in the problem. Add quantities to get market demand. It is shown below.

On the basis of this schedule market demand curve is drawn.

Demand schedule
Price	Quatity demanded		Market
$per bag	Josie	Tim	Demand
0.5	3	6	9
1.5	2	4	6
2.5	1	2	3