Refer to the Figure Below

question 97

Multiple Choice

Refer to the figure below. If Mallory and Rick are the only two consumers in this market, then the market demand for soda will be 90 cans per week when the price of a can of soda is:

• A)$1.50
• B)$1.25
• C)$0.75
• D)$0.50

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Definitions:

Sophisticated

Reflecting a high degree of complexity, refinement, or development, often in technology, art, tastes, or mannerisms.

Combine Sentences

The process of joining two or more sentences into one, often to improve clarity and flow.

Stand Alone

Refers to something that is complete in itself and does not require support or association with other things to function or be understood.

Clustering

A process or method of grouping a set of objects or points in such a way that objects in the same group are more similar to each other than to those in other groups.