Use the following to answer questions :
-(Table: The Demand for Chocolate-Covered Peanuts) Look at the table The Demand for Chocolate-Covered Peanuts. If George, Barbara, and Dan are the only three buyers in the market and the price of a bag of chocolate-covered peanuts is $0.80, the total market quantity demanded is _____ bags per month.
A)70
B)80
C)105
D)280

Question

Use the following to answer questions : 
-(Table: The Demand for Chocolate-Covered Peanuts) Look at the table The Demand for Chocolate-Covered Peanuts. If George, Barbara, and Dan are the only three buyers in the market and the price of a bag of chocolate-covered peanuts is $0.80, the total market quantity demanded is _____ bags per month.
A)70 
B)80 
C)105 
D)280

Quizplus · Accepted Answer

To find the total market quantity demanded at a price of $0.80, we add the quantity demanded by each buyer: 25 + 40 + 40 = 105 bags per month. Therefore, the best choice is (C) 105.

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