The following table contains a monthly demand schedule for large, single-topping, carry-out pizzas. If the law of demand applies to these pizzas, then A could be

Question

The following table contains a monthly demand schedule for large, single-topping, carry-out pizzas.  If the law of demand applies to these pizzas, then A could be

Quizplus · Accepted Answer

The law of demand states that as the price of a good increases, the quantity demanded of that good will decrease, and vice versa. Looking at the demand schedule, we can see that as the price of the pizza decreases from $30 to $15, the quantity demanded increases from 0 to 30. This is consistent with the law of demand, and therefore, A must be greater than 0. The only option that satisfies this requirement is D, where the quantity demanded increases from 20 to 30 as the price decreases from $20 to $15.

The Following Table Contains a Monthly Demand Schedule for Large