Table 3-4 -Refer to Table 3-4. the Table Above Shows the Demand

question 59

Multiple Choice

Table 3-4

-Refer to Table 3-4. The table above shows the demand schedules for cashews of two individuals (Jordy and Amy) and the rest of the market. If the price of cashews rises from $4 to $6, the market quantity demanded would

• A) decrease by 33 lbs.
• B) increase by 39 lbs.
• C) increase by 33 lbs.
• D) decrease by 39 lbs.

---

Definitions:

Legal

pertains to matters governed by law, including statutes, regulations, and judicial decisions.

Economic

Pertaining to the production, distribution, and consumption of goods and services, and how individuals, businesses, and governments allocate resources.

Corporate Social Responsibility

A business model in which companies integrate social and environmental concerns in their operations and interactions with stakeholders, aiming to positively impact society.

Sustainable Marketing

Marketing efforts that not only meet the company's needs but are also environmentally and socially responsible to benefit communities and future generations.