This table shows individual demand schedules for a market. According to the table shown, at a price of $1.00, how much of the good will be demanded by Betty?

Question

This table shows individual demand schedules for a market.  According to the table shown, at a price of $1.00, how much of the good will be demanded by Betty?

Quizplus · Accepted Answer

To find the amount of the good that is demanded by Betty at a price of $1.00, we look at the quantity demanded column corresponding to the price of $1.00. In this case, we see that Betty demands 11 units of the good at a price of $1.00. Therefore, the correct answer is B) 11.

This Table Shows Individual Demand Schedules for a Market