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Table 7-5
for Each of Three Potential Buyers of Oranges

question 451

Multiple Choice

Table 7-5
For each of three potential buyers of oranges, the table displays the willingness to pay for the first three oranges of the day. Assume Alex, Barb, and Carlos are the only three buyers of oranges, and only three oranges can be supplied per day.  First Orangp  Second Orange  Third Orange  Alliton $2.00$1.50$0.75 Bob $1.50$1.00$0.80 Chariste $0.75$0.25$0\begin{array} { | l | c | c | c | } \hline & \text { First Orangp } & \text { Second Orange } & \text { Third Orange } \\\hline \text { Alliton } & \$ 2.00 & \$ 1.50 & \$ 0.75 \\\hline \text { Bob } & \$ 1.50 & \$ 1.00 & \$ 0.80 \\\hline \text { Chariste } & \$ 0.75 & \$ 0.25 & \$ 0 \\\hline\end{array}
-Refer to Table 7-5. If the market price of an orange is $1.20, then the market quantity of oranges demanded per day is

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