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-(Table: The Demand for Chocolate-Covered Peanuts)Use Table: The Demand for Chocolate-Covered Peanuts.If George,Barbara,and Dan are the only three buyers in the market and the price of a bag of chocolate-covered peanuts is $0.50,the total market quantity demanded is _____ bags per month.
A)80
B)105
C)210
D)280

Question

Use the following to answer question: 
-(Table: The Demand for Chocolate-Covered Peanuts)Use Table: The Demand for Chocolate-Covered Peanuts.If George,Barbara,and Dan are the only three buyers in the market and the price of a bag of chocolate-covered peanuts is $0.50,the total market quantity demanded is _____ bags per month.
A)80 
B)105 
C)210 
D)280

Quizplus · Accepted Answer

The total market quantity demanded is the sum of the quantities demanded by George, Barbara, and Dan at the price of $0.50. If each demands 70 bags at this price, the total is 70 + 70 + 70 = 210 bags per month.

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