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Table 4-1
a Market Is Represented by the Table Below

Question 126

Multiple Choice

Table 4-1
A market is represented by the table below:
Quantities demanded:
 Price of the good John  Lee  Amy  Jean $0.5036251251.003022842.002520333.002019124.001018015.0051700\begin{array}{|c|c|c|c|c|}\hline\text { Price of the good}&\text { John }&\text { Lee }&\text { Amy }&\text { Jean }\\\hline \$ 0.50 & 36 & 25 & 12 & 5 \\\hline 1.00 & 30 & 22 & 8 & 4 \\\hline 2.00 & 25 & 20 & 3 & 3 \\\hline 3.00 & 20 & 19 & 1 & 2 \\\hline 4.00 & 10 & 18 & 0 & 1 \\\hline 5.00 & 5 & 17 & 0 & 0 \\\hline\end{array}
-Refer to Table 4-1.If the price of the good is $4, the quantity demanded in this market would be:


A) 125 units
B) 51 units
C) 22 units
D) 29 units

Correct Answer:

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