Table 7-1 -Refer to Table 7-1.If the Price Increases from $1.00 to Increases

question 27

Multiple Choice

Table 7-1

-Refer to Table 7-1.If the price increases from $1.00 to $1.50,

• A)the market demand decreases by 20 units.
• B)individual demand curves,when drawn,will shift to the left.
• C)the quantity demanded in the market decreases by 2 units.
• D)the quantity demanded in the market decreases by 7 units.

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