Multiple Choice
Table 3-1
-Refer to Table 3-1.The table above shows the demand schedules for loose-leaf tea of two individuals (Sunil and Mia) and the rest of the market.If the price of loose-leaf tea rises from $3 to $4, the market quantity demanded would
A) decrease by 32 lbs.
B) increase by 64 lbs.
C) increase by 32 lbs.
D) decrease by 64 lbs.
Correct Answer:

Verified
Correct Answer:
Verified
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