The table given below reports the quantity demanded of a good by individuals 1,2,and 3 at different prices.
Table 3.1

-Refer to Table 3.1.If Quantity Demanded 1,Quantity Demanded 2,and Quantity Demanded 3 are market demand schedules,then the change from Quantity Demanded 1 to Quantity Demanded 2 may have been due to:

Question

The table given below reports the quantity demanded of a good by individuals 1,2,and 3 at different prices.
 Table 3.1

-Refer to Table 3.1.If Quantity Demanded 1,Quantity Demanded 2,and Quantity Demanded 3 are market demand schedules,then the change from Quantity Demanded 1 to Quantity Demanded 2 may have been due to:

Quizplus · Accepted Answer

An increase in the number of buyers would shift the demand curve to the right, increasing the quantity demanded at each price level, which could explain the change from Quantity Demanded 1 to Quantity Demanded 2.

The Table Given Below Reports the Quantity Demanded of a Good