Use the figure below to answer the following questions. Figure 3.2.1
-Given Figure 3.2.1,under what condition are consumers willing to buy more than 9,000 apples per week?
A)if the price is above $1
B)if the price is between $1 and $0.50
C)if the price is below $0.50
D)if the price is between $1 and $1.50
E)if the price is $0.75

Question

Use the figure below to answer the following questions.  Figure 3.2.1
-Given Figure 3.2.1,under what condition are consumers willing to buy more than 9,000 apples per week?
A)if the price is above $1 
B)if the price is between $1 and $0.50 
C)if the price is below $0.50 
D)if the price is between $1 and $1.50 
E)if the price is $0.75

Quizplus · Accepted Answer

Consumers are willing to buy more than 9,000 apples per week only if the price is below $0.50, as this is the point where the demand curve intersects with the quantity demanded of 9,000. At any price below this point, the quantity demanded would increase.

Use the Figure Below to Answer the Following Questions