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The table shows the supply schedules of B's and G's (the only candy suppliers in the market) Price (dollars per bag) B's quantity supplied (bags per week) G's quantity supplied (bags per week) 2

Economics Dec 13, 2020

The table shows the supply schedules of B's and G's (the only candy suppliers in the market)

Price (dollars per bag) B's quantity supplied (bags per week) G's quantity supplied (bags per week)
2.00 3 2
2.50 6 4
3.00 9 6

Draw a point to show the quantity supplied in the market at each price listed in the table

Draw the market supply curve through the points. Label it.

Expert Solution

Price (dollars per bag) B's quantity supplied (bags per week) G's quantity supplied (bags per week) Market Supply
2.00 3 2 3 +2 = 5
2.50 6 4 6 + 4 = 10
3.00 9 6 9 + 6 = 15

please see the attached file for the complete solution

 

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