To Calculate Market Demand,we

question 154

Multiple Choice

To calculate market demand,we

• A)Add the quantities demanded for each individual demand schedule horizontally.
• B)Add the quantities demanded for each individual demand schedule vertically.
• C)Find the average quantity demanded at each price.
• D)Find the difference between the quantity demanded and the quantity supplied at each price.

---

Definitions:

Vehicle Miles-Per-Gallon

A measure of how many miles a vehicle can travel on a single gallon of fuel, used as an indicator of fuel efficiency.

Population Size

The total number of individuals or items in the group being studied.

Sample Size

The number of observations or subjects used in a study or represented in a statistical sample.

Smaller

A comparative term indicating lesser in size, amount, or degree relative to something else.