There are two sellers in the DVD market,Wen and Ahmed.If the market price were $5 per DVD,Wen would be willing to sell 10 DVDs and Ahmed would want to sell 15 DVDs.If the market price were to rise to $7,then:

Question

Quizplus · Accepted Answer

We know that at a price of $5, Wen is willing to sell 10 DVDs and Ahmed wants to sell 15 DVDs. When the price increases to $7, both sellers would be willing to sell more DVDs because the price is higher. Therefore, we can confidently say that the total market quantity supplied would be at least 25 DVDs.

There Are Two Sellers in the DVD Market,Wen and Ahmed