The table below shows data on quantity demanded for ATV tours at an ATV excursion company in Bali. In June, many new tourists arrive in Bali and the additional demand from these tourists is indicated in the table. Which of the following is true about the market for ATV tours in June? $\begin{array}{|l|l|l|}
\hline \begin{array}{l}
\text { Price per ATV tour } \
\text { (per person) }
\end{array} & \begin{array}{l}
\text { Number of ATV } \
\text { tours demanded by } \
\text { tourists in May }
\end{array} & \begin{array}{l}
\text { Number of additional } \
\text { ATV tours demanded } \
\text { by tourists in June }
\end{array} \
\hline \$ 99 & 874 & 272 \
\hline \$ 119 & 819 & 245 \
\hline \$ 149 & 736 & 197 \
\hline \$ 189 & 604 & 145 \
\hline
\end{array}$
A)At a price of $149, the total market demand for ATV tours in June is 933.
B)At a price of $99, the total market demand for ATV tours in June is 272.
C)At a price of $189, the total market demand for ATV tours in June is 459.
D)At a price of $119, the total market demand for ATV tours in June is 245.

Question

Quizplus · Accepted Answer

At a price of $149, the total market demand for ATV tours in June is 933. This is because the number of ATV tours demanded by tourists in May at a price of $149 is 736, and the number of additional ATV tours demanded by tourists in June is 197. Therefore, the total market demand for ATV tours in June at a price of $149 is 736 + 197 = 933.

The Table Below Shows Data on Quantity Demanded for ATV