Fran runs a doughnut shop in a tiny 3-person town. The accompanying table shows the quantity demand by the three townspeople at various prices.Price Per DoughnutQuantity Demandedby AlQuantity Demandedby BettyQuantity Demandedby Carol10 cents104625 cents92535 cents71550 cents504When the price of a doughnut is 50 cents, what is the market demand for doughnuts?
A. 9 doughnuts
B. 31 doughnuts
C. 20 doughnuts
D. 5 doughnuts
Answer: A
Economics
You might also like to view...
The last trade bill to set overall tariff rates for the United States was the Smoot-Hawley Tariff of 1930
Indicate whether the statement is true or false
Economics
In the United States at the end of 2012, the total money supply, M1, amounted to approximately
A) 16 percent of that year's GNP. B) 20 percent of that year's GNP. C) 30 percent of that year's GNP. D) 40 percent of that year's GNP. E) 50 percent of that year's GNP.
Economics