Multiple Choice
Table 4.1
-Refer to the demand schedule in Table 4.1. There are three consumers in the market for playing cards: Don, Jon, and Ron. When the price decreases from $2 to $1.50 per pack, what is the change in total quantity demanded for playing cards?
A) Quantity demanded increases by 12.
B) Quantity demanded increases by 6.
C) Quantity demanded decreases by 12.
D) Quantity demanded decreases by 6.
E) Quantity demanded is unchanged.
Correct Answer:

Verified
Correct Answer:
Verified
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