Refer to the Information Provided in Figure 3

question 278

Multiple Choice

Refer to the information provided in Figure 3.8 below to answer the following question(s) . Figure 3.8
-Refer to Figure 3.8. Assume there are only two people in the market for baseball caps: Alex and Ryan. Along the market demand curve for baseball caps, at a price of ________, quantity demanded would be ________.

• A) $10; 6
• B) $10; 12
• C) $8; 14
• D) $8; 25

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