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Tammy Loves Donuts

question 162

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Tammy loves donuts.The table shown reflects the value Tammy places on each donut she eats:
Tammy loves donuts.The table shown reflects the value Tammy places on each donut she eats:     a.Use this information to construct Tammy's demand curve for donuts. b.If the price of donuts is $0.20, how many donuts will Tammy buy? c.Show Tammy's consumer surplus on your graph.How much consumer surplus would she have at a price of $0.20? d.If the price of donuts rose to $0.40, how many donuts would she purchase now? What would happen to Tammy's consumer surplus? Show this change on your graph.
a.Use this information to construct Tammy's demand curve for donuts.
b.If the price of donuts is $0.20, how many donuts will Tammy buy?
c.Show Tammy's consumer surplus on your graph.How much consumer surplus would she have at a price of $0.20?
d.If the price of donuts rose to $0.40, how many donuts would she purchase now? What would happen to Tammy's consumer surplus? Show this change on your graph.


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