Top Posters
Since Sunday
n
3
j
3
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
k
2
d
2
New Topic  
whipped whipped
wrote...
Posts: 560
Rep: 0 0
6 years ago
The following table shows the demand for notebooks of four consumers.

Price
($/unit)   Consumer 1
Demand (units)   Consumer 2 Demand (units)   Consumer 3 Demand (units)   Consumer 4 Demand (units)
$8   8   6   9   10
$6   16   10   15   18
$4   20   13   21   24
$1   22   17   24   27

Define the term "market demand." If these four consumers constitute the entire market, calculate the market demand for notebooks at $1, $4, $6, and $8.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
Read 59 times
1 Reply
Replies
Answer verified by a subject expert
SimplemanSimpleman
wrote...
Top Poster
Posts: 584
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

whipped Author
wrote...

6 years ago
this is exactly what I needed
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1019 People Browsing
Related Images
  
 207
  
 327
  
 904
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 431

Previous poll results: What's your favorite coffee beverage?