Examlex
The following table shows Aaron and Anna's willingness-to-pay for ice cream sandwiches.Use this information to show how demand curves are developed from the perceptions of what individual consumers believe a good or service is worth to them.
Willingness-to-pay for
first ice cream sandwich
Willingness-to-pay for
second ice cream sandwich
Aaron
$7
$3
Anna
$4
$1
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