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-Suppose the Market Demand Curve Shown in the Diagram Above

Question 109

Multiple Choice

-Suppose the market demand curve shown in the diagram above represents a cartel's demand curve.Given zero marginal cost,we expect the market price to be ___,with ____ bottles of water sold per day. A) $2.00;2,000 B) $2.00;1,000 C) $1.50;500 D) $1.00;1,000 E) $1.00;500
-Suppose the market demand curve shown in the diagram above represents a cartel's demand curve.Given zero marginal cost,we expect the market price to be ___,with ____ bottles of water sold per day.


A) $2.00;2,000
B) $2.00;1,000
C) $1.50;500
D) $1.00;1,000
E) $1.00;500

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