Suppose that the individual demand schedules for Al Jane, the only residents on a quiet city street, are shown in the table for speed bumps aimed…
Suppose that the individual demand schedules for Al & Jane, the only residents on a quiet city street, are shown in the table for speed bumps aimed at slowing cars passing through. Plot Al & Jane’s individual demand curve, and then plot the total demand curve for each of the public good.
AL
QTY Margin Benefit
1 $50
2 $25
3 $10
4 $5
Jane
QTY Margin Benefit
1 $100
2 $50
3 $25
4 $10
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