Table 4-3 The Table Shows Individual Demand Schedules for a Market

Multiple Choice

Table 4-3
The table shows individual demand schedules for a market.

-Refer to the Table 4-3.What happens if the price decreases from $1.50 to $1.00

A) The market demand increases by 20 units.
B) The quantity demanded in the market decreases by 2 units.
C) Individual demands will increase.
D) The quantity demanded in the market increases by 7 units.