Refer to the table below. If these three firms represented the entire market, how many mid-sized autos would be supplied at a price of $30,000?
Price for
Mid-Sized Auto

GM

Ford

Chrysler

Market
$22,000
10,000
8,000
4,000

$24,000
12,000
10,000
5,000

$26,000
15,000
12,000
7,000

$28,000
19,000
14,000
10,000

$30,000
24,000
16,000
14,000

Question

Refer to the table below. If these three firms represented the entire market, how many mid-sized autos would be supplied at a price of $30,000? ​
Price for
Mid-Sized Auto
​
GM
​
Ford
​
Chrysler
​
Market
$22,000
10,000
8,000
4,000
​
$24,000
12,000
10,000
5,000
​
$26,000
15,000
12,000
7,000
​
$28,000
19,000
14,000
10,000
​
$30,000
24,000
16,000
14,000
​

Quizplus · Accepted Answer

The Answer of Refer to the table below. If these three firms represented the entire market, how many mid-sized autos would be supplied at a price of $30,000? ​
Price for
Mid-Sized Auto
​
GM
​
Ford
​
Chrysler
​
Market
$22,000
10,000
8,000
4,000
​
$24,000
12,000
10,000
5,000
​
$26,000
15,000
12,000
7,000
​
$28,000
19,000
14,000
10,000
​
$30,000
24,000
16,000
14,000
​

Refer to the Table Below