Table 3-1

-Refer to Table 3-1.The table above shows the demand schedules for loose-leaf tea of two individuals (Sunil and Mia)and the rest of the market.If the price of loose-leaf tea rises from $3 to $4, the market quantity demanded would
A)decrease by 32 lbs.
B)increase by 64 lbs.
C)increase by 32 lbs.
D)decrease by 64 lbs.

Question

Table 3-1
 
-Refer to Table 3-1.The table above shows the demand schedules for loose-leaf tea of two individuals (Sunil and Mia)and the rest of the market.If the price of loose-leaf tea rises from $3 to $4, the market quantity demanded would
A)decrease by 32 lbs. 
B)increase by 64 lbs. 
C)increase by 32 lbs. 
D)decrease by 64 lbs.

Quizplus · Accepted Answer

The Answer is A

Table 3-1 -Refer to Table 3-1.The Table Above Shows the Demand Schedules