-In Figure1.1, if price is 7, then quantity demanded is:
A) 2.
B) 7.
C) 3.
D) 8.

Question

-In Figure1.1, if price is 7, then quantity demanded is:
A) 2. 
B) 7. 
C) 3. 
D) 8.

Quizplus · Accepted Answer

Without access to Figure 1.1, I cannot directly observe the data or graph provided. However, in typical demand scenarios, the quantity demanded is determined by the price point on the demand curve. If the correct answer is C) 3, it suggests that at a price of 7, the corresponding quantity demanded is 3 units, according to the specific demand curve illustrated in Figure 1.1.