Table 7-5
For each of three potential buyers of oranges, the table displays the willingness to pay for the first three oranges of the day. Assume Allison, Bob, and Charisse are the only three buyers of oranges, and only three oranges can be supplied per day.
-Refer to Table 7-5. If the market price of an orange is $0.70, then the market quantity of oranges demanded per day is
A)5.
B)6.
C)4.
D)7.

Question

Table 7-5
For each of three potential buyers of oranges, the table displays the willingness to pay for the first three oranges of the day. Assume Allison, Bob, and Charisse are the only three buyers of oranges, and only three oranges can be supplied per day. 
-Refer to Table 7-5. If the market price of an orange is $0.70, then the market quantity of oranges demanded per day is
A)5. 
B)6. 
C)4. 
D)7.

Quizplus · Accepted Answer

The correct answer is 6 because at a market price of $0.70, the quantity demanded from the table is 6.

Table 7-5 For Each of Three Potential Buyers of Oranges, the Table