David's Supply Schedule Celeste's Supply Schedule
Figure 3.6
-Refer to Figure 3.6, which shows David's and Celeste's individual supply curves for flower arrangements per week. Assuming David and Celeste are the only producers in the market, what is the market quantity supplied at a price of $20?

Question

Quizplus · Accepted Answer

At a price of $20, you would add the quantity supplied by David and the quantity supplied by Celeste at that price point to get the total market quantity supplied. If David supplies 50 arrangements and Celeste supplies 50 arrangements at $20, the total market quantity supplied would be 100 arrangements.