Suppose Spencer and Kate are the only two demanders of lemonade. Each month, Spencer buys six glasses of lemonade when the price is $1.00 per glass, and he buys four glasses when the price is $1.50 per glass. Each month, Kate buys four glasses of lemonade when the price is $1.00 per glass, and she buys two glasses when the price is $1.50 per glass. Which of the following points is on the market demand curve? 
A) B only
B) B and D only
C) A and C only
D) D only
Correct Answer:
Verified
Q46: Figure 4-3 Q50: A leftward shift of a demand curve Q52: If buyers today become more willing and Q53: Figure 4-3 Q54: A rightward shift of a demand curve Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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