Table 4-7
the Table Below Shows the Quantities Demanded of Milk

question 82

Short Answer

Table 4-7
The table below shows the quantities demanded of milk per month by four families at various prices.
$$\begin{array} { | l | l | l | l | l | } \hline \begin{array} { l } \text { Price of Gallon of } \\\text { Milk }\end{array} & \begin{array} { l } \text { The Berman } \\\text { Family }\end{array} & \begin{array} { l } \text { The Johnson } \\\text { Family }\end{array} & \begin{array} { l } \text { The Harris } \\\text { Family }\end{array} & \text { The Patel Family } \\\hline \$ 3.00 & 9 & 15 & 12 & 14 \\\hline \$ 4.00 & 8 & 12 & 10 & 10 \\\hline \$ 5.00 & 7 & 9 & 8 & 6 \\\hline \$ 6.00 & 6 & 6 & 6 & 2 \\\hline\end{array}$$
-Refer to Table 4-7. If the four families listed are the only demanders in this market and the price of a gallon of milk increases from $4.00 to $5.00, what is the change in the market quantity demanded?

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Definitions:

Division Of Labor

The division of labor refers to the assignment of different parts of a manufacturing process or task to different individuals in order to improve efficiency and productivity.

Housework

Domestic tasks and chores such as cleaning, cooking, and maintaining a home, traditionally undertaken without formal economic compensation.

Marital Disruption

Any disturbance or dissolution of a marriage, including separation, divorce, and annulment that interrupts the marital relationship.

Marital Disruption

The process or event leading to the ending of a marriage or a significant change that negatively impacts the relationship between married partners.