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

question 103

Multiple Choice

Refer to the table that presents Mike and Janet's demand for apples by the bushel. If they are the only two in the market, a market demand curve derived from this data would show quantity demanded is: $\begin{array}{|c|c|c|}\hline \text { Price per peck } & \text { Mike Quantity in pecks } & \text { Janet Quantity in pecks } \\\hline \$ 1 & 22 & 6 \\\hline \$ 2 & 18 & 3 \\\hline \$ 3 & 14 & 0 \\\hline \$ 4 & 10 & 0 \\\hline \$ 5 & 6 & 0 \\\hline\end{array}$

• A) 22 at price = $1 and 18 at price = $2.
• B) 21 at price = $1 and 17 at price = $2.
• C) 28 at price = $1 and 21 at price = $2.
• D) 21 at price = $1 and 28 at price = $2.

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