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Holding All Else Constant, Which of the Following Demand Schedules

Question 38

Multiple Choice

Holding all else constant, which of the following demand schedules is most likely to represent New York Mets T-shirts if they win the World Series?  Quantity  Price  Demanded $8.00200$10.00175$12.00150$14.00100$16.0050\begin{array}{rr}& \text { Quantity } \\\text { Price } & \text { Demanded }\\\$ 8.00 & 200 \\\$ 10.00 & 175 \\\$ 12.00 & 150 \\\$ 14.00 & 100 \\\$ 16.00 & 50\end{array}


A)  Price  Quantity  Demanded $8.00200$10.00175$12.00150$14.00100$16.0050\begin{array} { r l } \hline \text { Price } & \begin{array} { l } \text { Quantity } \\\text { Demanded }\end{array} \\\hline \$ 8.00 & 200 \\\$ 10.00 & 175 \\\$ 12.00 & 150 \\\$ 14.00 & 100 \\\$ 16.00 & 50 \\\hline\end{array}
B)  Price  Quantity  Demanded $8.00175$10.00150$12.00125$14.0075$16.0025\begin{array} { r l } \hline \text { Price } & \begin{array} { l } \text { Quantity } \\\text { Demanded }\end{array} \\\hline \$ 8.00 & 175 \\\$ 10.00 & 150 \\\$ 12.00 & 125 \\\$ 14.00 & 75 \\\$ 16.00 & 25\\\hline\end{array}
C)  Price  Quantity  Demanded $8.00250$10.00175$12.00100$14.00100$16.00100\begin{array} { c l } \hline \text { Price } & \begin{array} { l } \text { Quantity } \\\text { Demanded }\end{array} \\\hline \$ 8.00 & 250 \\\$ 10.00 & 175 \\\$ 12.00 & 100 \\\$ 14.00 & 100 \\\$ 16.00 & 100 \\\hline\end{array}
D)  Price  Quantity  Demanded $8.00250$10.00200$12.00175$14.00150$16.00100\begin{array} { c l } \hline \text { Price } & \begin{array} { l } \text { Quantity } \\\text { Demanded }\end{array} \\\hline \$ 8.00 & 250 \\\$ 10.00 & 200 \\\$ 12.00 & 175 \\\$ 14.00 & 150 \\\$ 16.00 & 100\end{array}
E)  Price  Quantity  Demanded $8.0050$10.00100$12.00150$14.00175$16.00200\begin{array} { c l } \hline \text { Price } & \begin{array} { l } \text { Quantity } \\\text { Demanded }\end{array} \\\hline \$ 8.00 & 50 \\\$ 10.00 & 100 \\\$ 12.00 & 150 \\\$ 14.00 & 175 \\\$ 16.00 & 200\\\hline\end{array}

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