Table 4-4

-Refer to Table 4-4. If these are the only four sellers in the market, then the market quantity supplied at a price of $4 is

Name: Table 4-4 -Refer to Table 4-4. If these are the only four sellers in the market, then the market quantity supplied at a price of $4 is
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

Table 4-4
​
​
  ​
​
-Refer to Table 4-4. If these are the only four sellers in the market, then the market quantity supplied at a price of $4 is

Quizplus · Accepted Answer

The market quantity supplied is the sum of the quantities supplied by all sellers at a given price. If the total quantity supplied by the four sellers at $4 is 28 units, then the correct answer is 28 units.

Table 4-4 ​

Table 4-4