Draw individual demands for caviar for Al, Barbara, Chuck, and Denise where Al's demand is relatively inelastic, Barbara's is elastic, Chuck's is upward sloping, and Denise refuses to eat caviar at any price. Then draw the corresponding market demand
Figure 5-21
(See Figure 5-21). Al's demand is steep with respect to price, while Barbara's is relatively flat. Chuck's D slopes up with respect to price, while Denise consumes zero at all prices. Market demand is a horizontal summation of individual demands at quantities purchased by A, B, and C (D is zero). Market D will slope down unless Chuck has such a strong opposite relationship to offset the downward demands of both Al and Barbara.
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