Essay
Tammy loves doughnuts.The table shown reflects the value Tammy places on each doughnut she eats: 
a.Use this information to construct Tammy's demand curve for doughnuts.
b.If the price of doughnuts is $0.20, how many doughnuts 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 doughnuts rose to $0.40, how many doughnuts would she purchase now? What would happen to Tammy's consumer surplus? Show this change on your graph.
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a. 
b.At a price of $0.20,Tammy would b...View Answer
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Correct Answer:
Verified
b.At a price of $0.20,Tammy would b...
View Answer
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