Given the Following Individual Supply Tables for Individuals A-D,
(A)Construct

question 9

Essay

Given the following individual supply tables for individuals A-D,
(a)Construct a market supply curve.
(b)Demonstrate a movement along the market supply curve.
$$\begin{array} { | r | r | r | r | r | } \hline \text { Price } & \text { A } & \text { B } & \text { C } & \text { D } \\\hline .50 & 0 & 1 & 9 & 3 \\\hline 1.00 & 0 & 2 & 2 & 4 \\\hline 1.50 & 0 & 3 & 4 & 5 \\\hline 2.00 & 5 & 4 & 6 & 6 \\\hline 2.50 & 5 & 5 & 8 & 7 \\\hline 3.00 & 5 & 6 & 10 & 8 \\\hline\end{array}$$

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Definitions:

Rational Beings

Individuals who are capable of making decisions based on reason and logic rather than on emotion alone.

Rewarded Behaviors

Actions that are encouraged or reinforced through positive outcomes or rewards.

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Hierarchical Organization

A system or organization where entities are ranked one above the other according to authority or status.