Figure 4-11

-Refer to Figure 4-11.If these are the only two sellers in the market,then the market quantity supplied at a price of $4 is

Name: Figure 4-11 -Refer to Figure 4-11.If these are the only two sellers in the market,then the market quantity supplied at a price of $4 is
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Question

Figure 4-11
 
-Refer to Figure 4-11.If these are the only two sellers in the market,then the market quantity supplied at a price of $4 is

Quizplus · Accepted Answer

The market quantity supplied is the sum of the quantities supplied by each seller. At a price of $4, seller A supplies 6 units and seller B supplies 8 units. Therefore, the market quantity supplied is 6 + 8 = 14 units.

Figure 4-11 -Refer to Figure 4-11.If These Are the Only Two Sellers