The accompanying figure shows a single consumer's demand for ice cream at the student union. The student union sells a total of 7,200 scoops of ice cream each week at a price of $2.00 per scoop. If every student who buys ice cream has the demand curve shown above, then there must be ________ students purchasing ice cream each week.
A)800
B)1,200
C)1,500
D)2,000

Question

The accompanying figure shows a single consumer's demand for ice cream at the student union.  The student union sells a total of 7,200 scoops of ice cream each week at a price of $2.00 per scoop. If every student who buys ice cream has the demand curve shown above, then there must be ________ students purchasing ice cream each week.
A)800 
B)1,200 
C)1,500 
D)2,000

Quizplus · Accepted Answer

At a price of $2.00 per scoop, each student wants to buy 6 scoops, so if 7,200 scoops are sold each week, there must be 1,200 students purchasing ice cream each week (= 7,200/6).

The Accompanying Figure Shows a Single Consumer's Demand for Ice