Fran runs a doughnut shop in a tiny 3-person town. The accompanying table shows the quantity demand by the three townspeople at various prices.
When the price of a doughnut is 25 cents, what is the market demand for doughnuts?
A)9 doughnuts
B)13 doughnuts
C)16 doughnuts
D)20 doughnuts

Question

Fran runs a doughnut shop in a tiny 3-person town. The accompanying table shows the quantity demand by the three townspeople at various prices.  
 When the price of a doughnut is 25 cents, what is the market demand for doughnuts?
A)9 doughnuts 
B)13 doughnuts 
C)16 doughnuts 
D)20 doughnuts

Quizplus · Accepted Answer

At a price of 25 cents each, Al wants to buy 9, Betty wants to buy 2, and Carol wants to buy 5, so the market demand is 16.

Fran Runs a Doughnut Shop in a Tiny 3-Person Town