The figure above shows the demand curve for pizza and the market price of pizza.
-In the figure above,how much do the consumers pay in total for the quantity of pizza they buy per day?
A) $100,000
B) $150,000
C) $125,000
D) $50,000
E) None of the above answers is correct.

Question

The figure above shows the demand curve for pizza and the market price of pizza.
-In the figure above,how much do the consumers pay in total for the quantity of pizza they buy per day?
A) $100,000 
B) $150,000 
C) $125,000 
D) $50,000 
E) None of the above answers is correct.

Quizplus · Accepted Answer

The consumers pay $100,000 in total for the quantity of pizza they buy per day. This is because the demand curve shows that consumers are willing to pay $100,000 for the quantity of pizza that they buy per day.

The Figure Above Shows the Demand Curve for Pizza and the Market