Plot the demand for caviar given the following information on quantity consumed and total utility; then explain why caviar sells for such a high price.
$\begin{array} { c c }
\frac { \text { Quantity } } { \text { (in ounces) } } & \frac { \text { Total Utility } } { ( \text { in dollars) } } \
\hline 1 & 50 \
2 & 75 \
3 & 88 \
4 & 95 \
5 & 99
\end{array}$

Question

Plot the demand for caviar given the following information on quantity consumed and total utility; then explain why caviar sells for such a high price.
 $\begin{array} { c c } 
\frac { \text { Quantity } } { \text { (in ounces) } } & \frac { \text { Total Utility } } { ( \text { in dollars) } } \
\hline 1 & 50 \
2 & 75 \
3 & 88 \
4 & 95 \
5 & 99
\end{array}$

Quizplus · Accepted Answer

The Answer of Plot the demand for caviar given the following information on quantity consumed and total utility; then explain why caviar sells for such a high price.
 $\begin{array} { c c } 
\frac { \text { Quantity } } { \text { (in ounces) } } & \frac { \text { Total Utility } } { ( \text { in dollars) } } \
\hline 1 & 50 \
2 & 75 \
3 & 88 \
4 & 95 \
5 & 99
\end{array}$

Plot the Demand for Caviar Given the Following Information on Quantity