Use the following to answer question(s): The Demand for Chocolate-Covered Peanuts
Quantity Demanded
(bags per month)

-(Exhibit: The Demand for Chocolate-Covered Peanuts) If Barbara is only able to purchase 20 bags of chocolate-covered peanuts, the maximum price she is willing and able to pay for each bag is ________ cents.

Question

Use the following to answer question(s): The Demand for Chocolate-Covered Peanuts
Quantity Demanded
(bags per month)
 
-(Exhibit: The Demand for Chocolate-Covered Peanuts) If Barbara is only able to purchase 20 bags of chocolate-covered peanuts, the maximum price she is willing and able to pay for each bag is ________ cents.

Quizplus · Accepted Answer

At 20 bags, the maximum price Barbara is willing and able to pay per bag, according to the demand curve, is 70 cents.

Use the Following to Answer Question(s): the Demand for Chocolate-Covered