This Table Shows Individual Demand Schedules for a Market

question 102

Multiple Choice

This table shows individual demand schedules for a market. According to the table shown, what will the equilibrium price be in this market?

• A) $0.50
• B) $1.50
• C) $2.00
• D) Cannot be determined without more information.

---

Definitions:

Positivist Perspective

The positivist perspective is a scientific approach in sociology that seeks to understand society through empirical evidence and logical analysis.

Objectively

Objectively means considering facts without influence from personal feelings, interpretations, or prejudice, based on observable phenomena.

Culture

The shared values, traditions, norms, customs, arts, history, folklore, and institutions of a group of people.

Deviant Behavior

Actions or behaviors that violate societal norms or values, often causing disapproval or sanctions.