Refer to the accompanying figures. If Mallory and Rick are the only two consumers in this market, then the market demand for soda will be 90 cans per month when the price of a can of soda is ________.
A)$1.50
B)$1.25
C)$0.75
D)$0.50

Question

Refer to the accompanying figures. If Mallory and Rick are the only two consumers in this market, then the market demand for soda will be 90 cans per month when the price of a can of soda is ________. 
A)$1.50 
B)$1.25 
C)$0.75 
D)$0.50

Quizplus · Accepted Answer

If the price of a can of soda is $0.50, then Mallory will want to buy 50 cans per month and Rick will want to buy 40 cans per month, so market demand will be 90 cans per month.

Refer to the Accompanying Figures