Table 4-1
A market is represented by the table below:
Quantities demanded:

-Refer to Table 4-1. If the price of the good is $1, the quantity demanded in this market would be:

Question

Table 4-1
A market is represented by the table below:
Quantities demanded:
 
-Refer to Table 4-1. If the price of the good is $1, the quantity demanded in this market would be:

Quizplus · Accepted Answer

The correct answer is 64 units, as it is the sum of the quantities demanded by all individuals in the market at the price of $1 according to Table 4-1.

Table 4-1 A Market Is Represented by the Table Below