Figure 4-2
-Refer to Figure 4-2.Suppose Phil and Miss Kay are the only consumers in the market.If the price is $10,then the market quantity demanded is

Name: Figure 4-2 -Refer to Figure 4-2.Suppose Phil and Miss Kay are the only consumers in the market.If the price is $10,then the market quantity demanded is
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Question

Figure 4-2  
-Refer to Figure 4-2.Suppose Phil and Miss Kay are the only consumers in the market.If the price is $10,then the market quantity demanded is

Quizplus · Accepted Answer

At a price of $10, Phil demands 2 units and Miss Kay demands 2 units. Therefore, the market quantity demanded is the sum of their individual demands, which is 4 units.