Consider the Following Demand Table, Which Represents the Demand for Comic

question 25

Essay

Consider the following demand table, which represents the demand for comic books by John, Liz, and Alex. $$\begin{array} { | c | r | r | r | r | r | } \hline & \begin{array} { c } \text { Price } \\\text { (in } \$ \text { ) }\end{array} & \begin{array} { c } \text { John's } \\\text { Demand }\end{array} & \begin{array} { c } \text { Liz's } \\\text { Demand }\end{array} & \begin{array} { c } \text { Alex's } \\\text { Demand }\end{array} & \begin{array} { c } \text { Market } \\\text { Demand }\end{array} \\\hline \mathrm { A } & \$ 2 & 4 & 10 & 6 & \\\hline \mathrm { B } & 4 & 4 & 9 & 5 & \\\hline \mathrm { C } & 6 & 0 & 8 & 4 & \\\hline \mathrm { D } & 8 & 0 & 7 & 3 & \\\hline \mathrm { E } & 10 & 0 & 6 & 2 & \\\hline \mathrm { F } & 12 & 0 & 5 & 1 & \\\hline \mathrm { G } & 14 & 0 & 4 & 0 & \\\hline \mathrm { H } & 16 & 0 & 3 & 0 & \\\hline\end{array}$$ (a) Fill in the "market demand" column of the above table.
(b) Use the grid below to draw the demand curves for comic books of John, Liz, and Alex.Then draw in the market demand curve. (c) Notice that Liz's demand is everywhere to the right of Alex's demand.Can you conclude from this that Liz likes comic books more than Alex does? Explain.

---

Definitions:

Tubular Reabsorption

Water and solutes move from the filtrate inside a kidney tubule into the peritubular capillaries.

Proximal Tubule

A segment of the nephron in the kidney where a major portion of the reabsorption of water, ions, and nutrients from the filtrate back into the bloodstream occurs.

Glomerulus

A network of capillaries located at the beginning of a nephron in the kidney, where blood filtration takes place.

Nephron

A kidney tubule and associated capillaries; filters blood and forms urine.