Table 4-2
-Refer to Table 4-2. Suppose Abby, Brandi, Carrie, and DeeDee are the only four buyers in the market. When the price decreases from $6 to $4, the market quantity demanded

Question

Table 4-2 
-Refer to Table 4-2. Suppose Abby, Brandi, Carrie, and DeeDee are the only four buyers in the market. When the price decreases from $6 to $4, the market quantity demanded

Quizplus · Accepted Answer

When the price decreases from $6 to $4, the market quantity demanded increases by 3 units, as the total quantity demanded by Abby, Brandi, Carrie, and DeeDee collectively rises by this amount.

Table 4-2 -Refer to Table 4-2. Suppose Abby, Brandi, Carrie, and DeeDee