Figure 4-3 Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. What is the total amount that Kendra is willing to pay for 3 ice cream cones?
A) $2.50
B) $7.50
C) $9.00
D) $13.50

Question

Figure 4-3  Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. What is the total amount that Kendra is willing to pay for 3 ice cream cones?
A) $2.50 
B) $7.50 
C) $9.00 
D) $13.50

Quizplus · Accepted Answer

The total amount Kendra is willing to pay for 3 ice cream cones is the sum of her willingness to pay for each cone. If the figure shows her willingness to pay as $3.00 for the first cone, $3.00 for the second cone, and $3.00 for the third cone, then the total is $9.00.

Figure 4-3 Figure 4-3 Shows Kendra's Demand Curve for Ice