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Fran Runs a Doughnut Shop in a Tiny 3-Person Town

question 17

Multiple Choice

Fran runs a doughnut shop in a tiny 3-person town. The table below shows the quantity demand by the three townspeople at various prices.  Price Per  Doughnut  Quantity  Demanded  by Al  Quantity  Demanded  by Betty  Quantity  Demanded by  Carol 10 cents 104625 cents 92535 cents 71550 cents 504\begin{array} { | c | c | c | c | } \hline \begin{array} { c } \text { Price Per } \\\text { Doughnut }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Demanded } \\\text { by Al }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Demanded } \\\text { by Betty }\end{array} & \begin{array} { c } \text { Quantity } \\\text { Demanded by } \\\text { Carol }\end{array} \\\hline 10 \text { cents } & 10 & 4 & 6 \\\hline 25 \text { cents } & 9 & 2 & 5 \\\hline 35 \text { cents } & 7 & 1 & 5 \\\hline 50 \text { cents } & 5 & 0 & 4 \\\hline\end{array} When the price of a doughnut is 50 cents, what is the market demand for doughnuts?


Definitions:

DLOOKUP Function

A database function in Microsoft Access that searches for a value in a table or query and returns the corresponding value from another field in the same record.

TRANSPOSE

A function in spreadsheets that converts rows to columns and vice versa, reorienting data in a table.

Months

Units of time, typically used in calendars, that approximate the natural period related to the motion of the Moon; typically consisting of 30 or 31 days, except February.

Custom Table Style

A feature that allows users to create and apply their own design and formatting preferences to tables in software applications.

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