Suppose Julia and Zach are the only consumers of milk. Julia's demand for milk is defined as at prices below $4 and zero for prices above $4. Zach's demand for milk is defined as at prices below $5 and zero for prices above $5. Market demand when price is $4 is
A) 12-3P
B) 10-2P
C) 22-3P
D) 22-5P

Question

Suppose Julia and Zach are the only consumers of milk. Julia's demand for milk is defined  as at prices below $4 and zero for prices above $4. Zach's demand for milk is defined as  at prices below $5 and zero for prices above $5. Market demand when price is $4 is
A) 12-3P 
B) 10-2P 
C) 22-3P 
D) 22-5P

Quizplus · Accepted Answer

The Answer is D

Suppose Julia and Zach Are the Only Consumers of Milk