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.
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At a price of $0.20,Tammy would buy...
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