The Table Below Shows the Demand Schedule for Three Individual

question 114

Multiple Choice

The table below shows the demand schedule for three individual buyers purchasing bushels of wheat.Assume that there are three buyers in the market for wheat (data are hypothetical) . Refer to the table above.If there were 1,500 buyers with demand schedules similar to the demand schedules for each of the three buyers in the table above, then the market demand for wheat at $5 will be:

• A)8,500 bushels.
• B)12,000 bushels.
• C)18,500 bushels.
• D)26,000 bushels.

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