Show the demand curve for yachts

Reference no: EM132151245

Question: Consider the market for yachts. The market price of each yacht is $105,000, and each buyer demands no more than one yacht. Suppose that Sean is the only consumer in the yacht market. His willingness to pay for a yacht is $210,000. Based on Sean's willingness to pay, the following graph shows his demand curve for yachts.

Reference no: EM132151245

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