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 Demand Schedule for Ski Tickets \text { Demand Schedule for Ski Tickets }  TABLE 4-2 \text { TABLE 4-2 }

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 Demand Schedule for Ski Tickets \text { Demand Schedule for Ski Tickets }
 Price ($)   Quantity  Demanded (no. of  tickets)  12001101001002009030080400705006060050700408003090020100010110001200\begin{array}{|l|l|}\hline \text { Price (\$) } & \begin{array}{l}\text { Quantity } \\\text { Demanded (no. of } \\\text { tickets) }\end{array} \\\hline 120 & 0 \\\hline 110 & 100 \\\hline 100 & 200 \\\hline 90 & 300 \\\hline 80 & 400 \\\hline 70 & 500 \\\hline 60 & 600 \\\hline 50 & 700 \\\hline 40 & 800 \\\hline 30 & 900 \\\hline 20 & 1000 \\\hline 10 & 1100 \\\hline 0 & 1200 \\\hline\end{array}
 TABLE 4-2 \text { TABLE 4-2 }
-Refer to Table 4- 2. Total expenditure for ski tickets reaches a maximum at a price/quantity demanded combination of


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Inductive Techniques

Methods used to derive general principles from specific observations.

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