Solved

If the Price of a Bottle of Orange Juice in the Downtown

Question 192

Multiple Choice

If the price of a bottle of orange juice in the downtown area is $0.50 per bottle and, at that price, each of the 10,000 people working in the downtown area wants to buy two bottles of orange juice per day, the quantity demanded in the downtown orange juice market would be


A) 5,000 bottles per day.
B) 10,000 bottles per day.
C) 15,000 bottles per day.
D) 20,000 bottles per day.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents