(Figure: Demand Curve) Refer to the figure. What is the maximum price per book that buyers are willing to pay for 2,500 books? Figure: Demand Curve
A) $60
B) $45
C) $30
D) $15

Question

(Figure: Demand Curve) Refer to the figure. What is the maximum price per book that buyers are willing to pay for 2,500 books? Figure: Demand Curve 
A) $60 
B) $45 
C) $30 
D) $15

Quizplus · Accepted Answer

At a quantity of 2,500, the demand curve intersects the price axis at $45, which represents the maximum price per book buyers are willing to pay.

(Figure: Demand Curve) Refer to the Figure