$$\begin{array} { | l | l | }
\hline \text { Price } & \begin{array} { l }
\text { Quantity } \
\text { Demanded }
\end{array} \
\hline \$ 0 & 1,000 \
\hline \$ 1 & 400 \
\hline \$ 2 & 200 \
\hline \$ 3 & 100 \
\hline \$ 4 & 25 \
\hline
\end{array}$$ Refer to the table,which shows the number of MP3 downloads demanded per month for the students at a certain university.Which of the following statements does not explain why the quantity demanded was not higher for a price of $0?

Question

$$\begin{array} { | l | l | } 
\hline \text { Price } & \begin{array} { l } 
\text { Quantity } \
\text { Demanded }
\end{array} \
\hline \$ 0 & 1,000 \
\hline \$ 1 & 400 \
\hline \$ 2 & 200 \
\hline \$ 3 & 100 \
\hline \$ 4 & 25 \
\hline
\end{array}$$ Refer to the table,which shows the number of MP3 downloads demanded per month for the students at a certain university.Which of the following statements does not explain why the quantity demanded was not higher for a price of $0?

Quizplus · Accepted Answer

At a price of $0, the reasons for not having a higher quantity demanded include limited desire for songs (A), time required to download (B), and storage space considerations (C). The idea that people would rather pay for downloads (D) does not explain why demand wasn't higher at a price of $0, as economic theory generally suggests that demand increases as price decreases, all else being equal.

Refer to the Table,which Shows the Number of MP3 Downloads