Khimaira Farms sells handcrafted cookie cutters.When graphed,the demand schedule for Khimaira Farms brand cookie cutters forms a straight line.If at $3 per cutter,500 cookie cutters are demanded,and at $4 per cutter,450 cookie cutters are ordered,how many will be ordered at a price of $6 per cutter?
A)333
B)350
C)400
D)450

Question

Quizplus · Accepted Answer

With a linear demand curve,the slope of the line will remain constant.In this example,for every $1 that price increases,sales will decrease by 50 cookie cutters.

Khimaira Farms Sells Handcrafted Cookie Cutters