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Table 3-3 -Refer to Table 3-3. the Table Above Shows the Demand

Question 259

Multiple Choice

Table 3-3
Table 3-3 -Refer to Table 3-3. The table above shows the demand schedules for Kona coffee of two individuals (Luke and Ravi) and the rest of the market. If the price of Kona coffee rises from $4 to $5, the market quantity demanded would A) decrease by 35 lbs. B) increase by 115 lbs. C) increase by 35 lbs. D) decrease by 115 lbs.
-Refer to Table 3-3. The table above shows the demand schedules for Kona coffee of two individuals (Luke and Ravi) and the rest of the market. If the price of Kona coffee rises from $4 to $5, the market quantity demanded would


A) decrease by 35 lbs.
B) increase by 115 lbs.
C) increase by 35 lbs.
D) decrease by 115 lbs.

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