The following table contains a demand schedule for a good.
If the law of demand applies to this good,then Q1 could be

Question

The following table contains a demand schedule for a good. 
If the law of demand applies to this good,then Q1 could be

Quizplus · Accepted Answer

The law of demand states that as the price of a good increases, the quantity demanded of that good decreases. In this demand schedule, all of the prices are constant at $10, but the quantity demanded decreases as the price decreases. Therefore, if the price were to be set at $0, we would expect the quantity demanded to be the highest possible, which is 400 units. Any price above $0 would result in a decrease in quantity demanded, so Q1 cannot be greater than 400. The only answer choice that allows for a quantity demanded of 0 is A) 0. Therefore, A) 0 is the best choice.

The Following Table Contains a Demand Schedule for a Good