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The Table Shows the Monthly Individual Demand Schedules of Four

Question 24

Multiple Choice

The table shows the monthly individual demand schedules of four students for soda. What is the change in the total market demand for soda when the price changes from $1.50 per can to $2 per can? The table shows the monthly individual demand schedules of four students for soda. What is the change in the total market demand for soda when the price changes from $1.50 per can to $2 per can?   A) The total quantity demanded in the market falls by 23 cans. B) The total quantity demanded in the market rises by 26 cans. C) The total quantity demanded in the market falls by 18 cans. D) The total quantity demanded in the market rises by 23 cans.


A) The total quantity demanded in the market falls by 23 cans.
B) The total quantity demanded in the market rises by 26 cans.
C) The total quantity demanded in the market falls by 18 cans.
D) The total quantity demanded in the market rises by 23 cans.

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