Suppose John and Wayne Are the Only Two Demanders of Cowboy

question 91

Multiple Choice

Suppose John and Wayne are the only two demanders of cowboy movies.Each month,John buys six cowboy movies when the price is $10 each,and he buys four cowboy movies when the price is $15 each.Each month,Wayne buys four cowboy movies when the price is $10 each,and he buys two cowboy movies when the price is $15 each.Which of the following points is on the market demand curve?

• A)quantity demanded = 2;price = $15
• B)quantity demanded = 4;price = $25
• C)quantity demanded = 10;price = $10
• D)quantity demanded = 16;price = $25

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Definitions:

Dimensional Perspectives

An approach in psychology that quantifies a person's symptoms or traits along a continuum rather than categorizing them as present or absent.

Continuum

A continuous sequence in which adjacent elements are not perceptibly different from each other, although the extremes are quite distinct.

Diagnosing Disorders

The process of identifying diseases or disorders based on symptoms, history, and tests.

Borderline Personality Disorder

A mental disorder characterized by pervasive instability in moods, interpersonal relationships, self-image, and behavior.