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The following table shows the supply schedule of bread for three sellers in the economy. Assume that ...

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The following table shows the supply schedule of bread for three sellers in the economy. Assume that ...

The following table shows the supply schedule of bread for three sellers in the economy. Assume that these three sellers constitute the entire market.

Price ($ per loaf)	Seller 1 Quantity Supplied (loaves)	Seller 2 Quantity Supplied (loaves)	Seller 3 Quantity Supplied (loaves)
$4	15		40
$3	12	15
$2	6	9	24
$1	2	6	11

Refer to the table above. If the market supply of bread at a price of $3 per loaf is 45 loaves, Seller 3's quantity supplied is ________ loaves.

▸ 24

▸ 18

▸ 15

▸ 20

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 37 times

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danterich

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remmylp Author

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Thanks for your help!!

mambah4

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Correct

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You make an excellent tutor!

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