Refer to the table that presents Mike and Janet's demand for apples by the peck.If they are the only two in the market, which of the following represents a point on the market demand curve?
A)price = $1, quantity = 18
B)price = $2, quantity = 21
C)price = $4, quantity = 0
D)price = $4, quantity = 21

Question

Refer to the table that presents Mike and Janet's demand for apples by the peck.If they are the only two in the market, which of the following represents a point on the market demand curve? 
A)price = $1, quantity = 18 
B)price = $2, quantity = 21 
C)price = $4, quantity = 0 
D)price = $4, quantity = 21

Quizplus · Accepted Answer

The Answer of Refer to the table that presents Mike and Janet's demand for apples by the peck.If they are the only two in the market, which of the following represents a point on the market demand curve? 
A)price = $1, quantity = 18 
B)price = $2, quantity = 21 
C)price = $4, quantity = 0 
D)price = $4, quantity = 21

Refer to the Table That Presents Mike and Janet's Demand