According to the M&Ms Web site, each package of the milk chocolate candies typically contains 14% brown, 13% red, 14% yellow, 16% green, 24% blue, and 20% orange M&Ms. You go to the store and buy a standard package. When you open it, you find that it contains 51 M&Ms, distributed as follows. 
The variable color is:
Definitions:
Demand Curve
An illustrative chart that maps out the link between a good or service's price and the amount of it people are willing to buy during a certain period.
Supply Curve
A graphical representation showing the relationship between the price of a good and the quantity supplied.
Supply Curve
A graphical representation showing the relationship between the price of a good and the quantity of the good supplied.
Lowest-Cost Seller
A firm or an individual that can produce or supply goods or services at the lowest price compared to competitors, often due to efficiencies, scale, or technology.
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