Price Abby’s Quantity Demanded Brandi’s Quantity Demanded Carrie’s Quantity Dema

Question

Price

Abby’s
Quantity
Demanded

Brandi’s
Quantity
Demanded

Carrie’s
Quantity
Demanded

DeeDee’s
Quantity
Demanded

$12

2

1

3

4

$10

4

4

4

5

$8

6

6

5

6

$6

8

7

5

7

$4

11

9

5

8

$2

13

12

5

9

Refer to Table 4-2. Suppose Abby, Brandi, Carrie, and DeeDee are the only four buyers in the market. If the price is $6, then the market quantity demanded is

Question 9 options:

18 units.

24 units.

27 units.

7 units.

22 units.

14 units.

Price

Abby’s
Quantity
Demanded

Brandi’s
Quantity
Demanded

Carrie’s
Quantity
Demanded

DeeDee’s
Quantity
Demanded

$12

2

1

3

4

$10

4

4

4

5

$8

6

6

5

6

$6

8

7

5

7

$4

11

9

5

8

$2

13

12

5

9

Explanation / Answer

27 units- is correct

Market quantity demanded is the sum of individual quantity demanded.

At price 6, market demand= 8+7+5+7= 27

Market quantity demanded is 27 units.

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