FROM UTILITY FUNCTION TO DEMAND FUNCTION AND DEMAN CURVE

Demand function X = I/2Px Increment 0.04

Y = I/2Py
Exogenous Income I= 30
X Px
21.2132 0.5
20.41241 0.54
Price De
19.69596 0.58 20
19.05002 0.62 18
18.46372 0.66 16
17.92843 0.7 14 U
17.43715 0.74 12
16.98416 0.78 10
16.56473 0.82 8
16.17492 0.86 6
15.81139 0.9 4
15.47132 0.94
2
15.15229 0.98
0
14.85221 1.02 0 5
14.56929 1.06
14.30194 1.1
14.04879 1.14 Now you know why all the text bo
13.80862 1.18
13.58036 1.22
13.36306 1.26
13.15587 1.3
12.95803 1.34
12.76885 1.38
12.58772 1.42
12.41409 1.46
12.24745 1.5
12.08734 1.54
11.93336 1.58
11.78511 1.62
11.64226 1.66
11.50447 1.7
11.37147 1.74
11.24298 1.78
11.11874 1.82
10.99853 1.86
10.88214 1.9
10.76937 1.94
10.66004 1.98
10.55396 2.02
10.451 2.06
10.35098 2.1
10.25379 2.14
10.15928 2.18
10.06734 2.22
9.977852 2.26
9.890707 2.3
9.805807 2.34
9.723056 2.38
9.642365 2.42
9.563651 2.46
9.486833 2.5
9.411837 2.54
9.338592 2.58
9.267031 2.62
9.19709 2.66
9.128709 2.7
9.061831 2.74
8.996402 2.78
8.93237 2.82
8.869686 2.86
8.808303 2.9
8.748178 2.94
8.689267 2.98
8.63153 3.02
8.574929 3.06
8.519428 3.1
8.46499 3.14
8.411582 3.18
8.359173 3.22
8.307732 3.26
8.257228 3.3
8.207635 3.34
8.158924 3.38
8.111071 3.42
8.06405 3.46
8.017837 3.5
7.97241 3.54
7.927746 3.58
7.883825 3.62
7.840626 3.66
7.798129 3.7
7.756315 3.74
7.715167 3.78
7.674668 3.82
7.634799 3.86
7.595545 3.9
7.556891 3.94
7.518821 3.98
7.48132 4.02
7.444375 4.06
7.407972 4.1
7.372098 4.14
7.33674 4.18
7.301886 4.22
7.267524 4.26
7.233642 4.3
7.20023 4.34
7.167277 4.38
7.134772 4.42
7.102706 4.46
7.071068 4.5
7.039849 4.54
7.00904 4.58
6.978632 4.62
6.948616 4.66
6.918984 4.7
6.889728 4.74
6.86084 4.78
6.832313 4.82
6.804138 4.86
6.776309 4.9
6.748819 4.94
6.721661 4.98
6.694828 5.02
6.668313 5.06
6.642112 5.1
6.616216 5.14
6.590622 5.18
6.565322 5.22
6.540311 5.26
6.515584 5.3
6.491135 5.34
6.466959 5.38
6.443052 5.42
6.419407 5.46
6.396021 5.5
6.372889 5.54
6.350006 5.58
6.327368 5.62
6.30497 5.66
6.282809 5.7
6.260879 5.74
6.239177 5.78
6.2177 5.82
6.196443 5.86
6.175402 5.9
6.154575 5.94
6.133956 5.98
6.113544 6.02
6.093333 6.06
6.073322 6.1
6.053507 6.14
6.033885 6.18
6.014452 6.22
5.995206 6.26
5.976143 6.3
5.957261 6.34
5.938557 6.38
5.920028 6.42
5.901671 6.46
5.883484 6.5
5.865464 6.54
5.847609 6.58
5.829916 6.62
5.812382 6.66
5.795006 6.7
5.777784 6.74
5.760715 6.78
5.743797 6.82
5.727027 6.86
5.710402 6.9
5.693922 6.94
5.677584 6.98
5.661385 7.02
5.645324 7.06
5.6294 7.1
5.613609 7.14
5.59795 7.18
5.582422 7.22
5.567022 7.26
5.551749 7.3
5.536601 7.34
5.521576 7.38
5.506673 7.42
5.49189 7.46
5.477226 7.5
5.462678 7.54
5.448245 7.58
5.433927 7.62
5.41972 7.66
5.405625 7.7
5.391639 7.74
5.377761 7.78
5.363989 7.82
5.350323 7.86
5.336761 7.9
5.323301 7.94
5.309942 7.98
5.296684 8.02
5.283525 8.06
5.270463 8.1
5.257497 8.14
5.244627 8.18
5.231851 8.22
5.219168 8.26
5.206576 8.3
5.194075 8.34
5.181664 8.38
5.169341 8.42
5.157106 8.46
5.144958 8.5
5.132894 8.54
5.120916 8.58
5.10902 8.62
5.097207 8.66
5.085476 8.7
5.073826 8.74
5.062255 8.78
5.050763 8.82
5.039349 8.86
5.028011 8.9
5.01675 8.94
5.005565 8.98
4.994454 9.02
4.983416 9.06
4.972452 9.1
4.961559 9.14
4.950738 9.18
4.939987 9.22
4.929306 9.26
4.918694 9.3
4.90815 9.34
4.897674 9.38
4.887264 9.42
4.876921 9.46
4.866643 9.5
4.856429 9.54
4.84628 9.58
4.836194 9.62
4.826171 9.66
4.81621 9.7
4.80631 9.74
4.796471 9.78
4.786692 9.82
4.776973 9.86
4.767313 9.9
4.757711 9.94
4.748167 9.98
4.73868 10.02
4.72925 10.06
4.719876 10.1
4.710557 10.14
4.701294 10.18
4.692084 10.22
4.682929 10.26
4.673827 10.3
4.664778 10.34
4.655781 10.38
4.646837 10.42
4.637943 10.46
4.6291 10.5
4.620308 10.54
4.611566 10.58
4.602873 10.62
4.594229 10.66
4.585634 10.7
4.577086 10.74
4.568587 10.78
4.560134 10.82
4.551728 10.86
4.543369 10.9
4.535055 10.94
4.526787 10.98
4.518564 11.02
4.510386 11.06
4.502252 11.1
4.494161 11.14
4.486115 11.18
4.478111 11.22
4.47015 11.26
4.462231 11.3
4.454354 11.34
4.446519 11.38
4.438725 11.42
4.430971 11.46
4.423259 11.5
4.415586 11.54
4.407953 11.58
4.40036 11.62
4.392806 11.66
4.38529 11.7
4.377813 11.74
4.370374 11.78
4.362973 11.82
4.355609 11.86
4.348283 11.9
4.340993 11.94
4.33374 11.98
4.326523 12.02
4.319342 12.06
4.312197 12.1
4.305087 12.14
4.298012 12.18
4.290972 12.22
4.283966 12.26
4.276995 12.3
4.270057 12.34
4.263153 12.38
4.256283 12.42
4.249445 12.46
4.242641 12.5
4.235869 12.54
4.229129 12.58
4.222421 12.62
4.215746 12.66
4.209101 12.7
4.202489 12.74
4.195907 12.78
4.189356 12.82
4.182835 12.86
4.176345 12.9
4.169885 12.94
4.163455 12.98
4.157055 13.02
4.150684 13.06
4.144342 13.1
4.138029 13.14
4.131745 13.18
4.12549 13.22
4.119263 13.26
4.113064 13.3
4.106893 13.34
4.100749 13.38
4.094633 13.42
4.088545 13.46
4.082483 13.5
4.076448 13.54
4.07044 13.58
4.064459 13.62
4.058503 13.66
4.052574 13.7
4.046671 13.74
4.040793 13.78
4.034941 13.82
4.029115 13.86
4.023313 13.9
4.017537 13.94
4.011785 13.98
4.006058 14.02
4.000356 14.06
3.994677 14.1
3.989023 14.14
3.983393 14.18
3.977786 14.22
3.972204 14.26
3.966644 14.3
3.961108 14.34
3.955595 14.38
3.950105 14.42
3.944638 14.46
3.939193 14.5
3.933771 14.54
3.928371 14.58
3.922993 14.62
3.917638 14.66
3.912304 14.7
3.906992 14.74
3.901702 14.78
3.896433 14.82
3.891185 14.86
3.885958 14.9
3.880753 14.94
3.875568 14.98
3.870404 15.02
3.865261 15.06
3.860138 15.1
3.855035 15.14
3.849953 15.18
3.84489 15.22
3.839848 15.26
3.834825 15.3
3.829822 15.34
3.824838 15.38
3.819874 15.42
3.814929 15.46
3.810004 15.5
3.805097 15.54
3.800209 15.58
3.79534 15.62
3.79049 15.66
3.785658 15.7
3.780845 15.74
3.77605 15.78
3.771273 15.82
3.766515 15.86
3.761774 15.9
3.757051 15.94
3.752346 15.98
3.747658 16.02
3.742988 16.06
3.738336 16.1
3.733701 16.14
3.729083 16.18
3.724482 16.22
3.719898 16.26
3.715331 16.3
3.71078 16.34
3.706247 16.38
3.70173 16.42
3.697229 16.46
3.692745 16.5
3.688277 16.54
3.683825 16.58
3.679389 16.62
3.67497 16.66
3.670566 16.7
3.666178 16.74
3.661806 16.78
3.657449 16.82
3.653108 16.86
3.648782 16.9
3.644471 16.94
3.640176 16.98
3.635896 17.02
3.631631 17.06
3.627381 17.1
3.623146 17.14
3.618926 17.18
3.61472 17.22
3.610529 17.26
3.606353 17.3
3.602191 17.34
3.598043 17.38
3.59391 17.42
3.589791 17.46
3.585686 17.5
3.581595 17.54
3.577518 17.58
3.573455 17.62
3.569406 17.66
3.56537 17.7
3.561348 17.74
3.55734 17.78
3.553345 17.82
3.549364 17.86
3.545396 17.9
ice Demand for - X

This curve is derived from utility maximization

process you just did.

Unlike last session, now you have all combination

of price and quantity in equiibrium condition.

Note that along this deman cuver, the utility

of consumer are all maximed.

Quantity

5 10 15 20 25

know why all the text book says demand requires wants and ability to purchase