Table 7-6 For Each of Three Potential Buyers of Apples, the Table

question 176

Multiple Choice

Table 7-6
For each of three potential buyers of apples, the table displays the willingness to pay for the first three apples of the day. Assume Xavier, Yadier, and Zavi are the only three buyers of apples, and only three apples can be supplied per day.
-Refer to Table 7-6. If the market price of an apple is $1.40, then the market quantity of apples demanded per day is

• A)1.
• B)2.
• C)3.
• D)4.

---

Definitions:

Void

A term describing a contract or legal agreement that is invalid or unenforceable from the outset, having no legal effect.

Contract

A legally enforceable pact made between two or more entities, recognized by law.

Gravel

Loose rock fragments and pebbles, often used in construction for making concrete, roads, and landscaping, or as a surface material for driveways and pathways.

Breach of Contract

The violation of a contractual obligation, which can lead to legal action and the obligation to repair the breach through compensation or specific performance.