Consider the Following Demand Schedules for New York Mets T-Shirts

question 139

Multiple Choice

Consider the following demand schedules for New York Mets T-shirts: $$\begin{array} { | l | l | } \hline \text { Price } & \text { Quantity Demanded } \\\hline \$ 5.00 & 200 \\\hline \$ 10.00 & 175 \\\hline \$ 12.00 & 150 \\\hline \$ 14.00 & 100 \\\hline \$ 16.00 & 50 \\\hline\end{array}$$ Holding all else constant, which of the following demand schedules is most likely to represent New York Mets T-shirts if they win the World Series?

• A) \[\begin{array} { | l | l | }
• \hline \text { Price } & \text { Quantity Demanded } \\
• \hline \$ 8.00 & 200 \\
• \hline \$ 10.00 & 175 \\
• \hline \$ 12.00 & 150 \\
• \hline \$ 14.00 & 100 \\
• \hline \$ 16.00 & 50 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | l | }
• \hline \text { Price } & \text { Quantity Demanded } \\
• \hline \$ 8.00 & 175 \\
• \hline \$ 10.00 & 150 \\
• \hline \$ 12.00 & 125 \\
• \hline \$ 14.00 & 75 \\
• \hline \$ 16.00 & 25 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | l | }
• \hline \text { Price } & \text { Quantity Demanded } \\
• \hline \$ 8.00 & 250 \\
• \hline \$ 10.00 & 175 \\
• \hline \$ 12.00 & 100 \\
• \hline \$ 14.00 & 100 \\
• \hline \$ 16.00 & 100 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | l | l | }
• \hline \text { Price } & \text { Quantity Demanded } \\
• \hline \$ \$ .00 & 250 \\
• \hline \$ 10.00 & 200 \\
• \hline \$ 12.00 & 175 \\
• \hline \$ 14.00 & 150 \\
• \hline \$ 16.00 & 100 \\
• \hline
• \end{array}\]
• E) \[\begin{array} { | l | l | }
• \hline \text { Price } & \text { Quantity Demanded } \\
• \hline \$ \$ .00 & 50 \\
• \hline \$ 10.00 & 100 \\
• \hline \$ 12.00 & 150 \\
• \hline \$ 14.00 & 175 \\
• \hline \$ 16.00 & 200 \\
• \hline
• \end{array}\]

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