The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.
Table 3.1
$\begin{array}{|cccc|}
\hline\begin{array}{c}
\text { Price per } \
\text { DVD (\$) }
\end{array} & \begin{array}{c}
\text { Quantity } \
\text { Demanded 1 }
\end{array} & \begin{array}{c}
\text { Quantity } \
\text { Demanded 2 }
\end{array} & \begin{array}{c}
\text { Quantity } \
\text { Demanded 3 }
\end{array} \
5 & 10 & 15 & 5 \
4 & 20 & 25 & 15 \
3 & 30 & 35 & 25 \
2 & 40 & 45 & 35 \
1 & 50 & 55 & 45 \
\hline
\end{array}$
-Refer to Table 3.1. If Quantity Demanded 1, Quantity Demanded 2, and Quantity Demanded 3 are market demand schedules, then the change from Quantity Demanded 1 to Quantity Demanded 3 may have been due to:

Question

The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.
Table 3.1
 $\begin{array}{|cccc|}
\hline\begin{array}{c}
\text { Price per } \
\text { DVD (\$) }
\end{array} & \begin{array}{c}
\text { Quantity } \
\text { Demanded 1 }
\end{array} & \begin{array}{c}
\text { Quantity } \
\text { Demanded 2 }
\end{array} & \begin{array}{c}
\text { Quantity } \
\text { Demanded 3 }
\end{array} \
5 & 10 & 15 & 5 \
4 & 20 & 25 & 15 \
3 & 30 & 35 & 25 \
2 & 40 & 45 & 35 \
1 & 50 & 55 & 45 \
\hline
\end{array}$
-Refer to Table 3.1. If Quantity Demanded 1, Quantity Demanded 2, and Quantity Demanded 3 are market demand schedules, then the change from Quantity Demanded 1 to Quantity Demanded 3 may have been due to:

Quizplus · Accepted Answer

The Answer of The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.
Table 3.1
 $\begin{array}{|cccc|}
\hline\begin{array}{c}
\text { Price per } \
\text { DVD (\$) }
\end{array} & \begin{array}{c}
\text { Quantity } \
\text { Demanded 1 }
\end{array} & \begin{array}{c}
\text { Quantity } \
\text { Demanded 2 }
\end{array} & \begin{array}{c}
\text { Quantity } \
\text { Demanded 3 }
\end{array} \
5 & 10 & 15 & 5 \
4 & 20 & 25 & 15 \
3 & 30 & 35 & 25 \
2 & 40 & 45 & 35 \
1 & 50 & 55 & 45 \
\hline
\end{array}$
-Refer to Table 3.1. If Quantity Demanded 1, Quantity Demanded 2, and Quantity Demanded 3 are market demand schedules, then the change from Quantity Demanded 1 to Quantity Demanded 3 may have been due to:

The Table Given Below Reports the Quantity Demanded of a Good