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This Table Shows Demand for Shoes in a 3 Consumer

Question 24

Multiple Choice

This table shows demand for shoes in a 3 consumer market:  When the price  of shoes is  Pat buys this  many:  Leigh buys this  many:  and Chris buys  this many: $100 a pair  none 1 pair  none $75 a pair  none 3 pairs 1 pair $50 a pair 1 pair 7 pairs 3 pairs $30 a pair 2 pairs 10 pairs 5 pairs \begin{array} { | l | l | l | l | } \hline \begin{array} { l } \text { When the price } \\\text { of shoes is }\end{array} & \begin{array} { l } \text { Pat buys this } \\\text { many: }\end{array} & \begin{array} { l } \text { Leigh buys this } \\\text { many: }\end{array} & \begin{array} { l } \text { and Chris buys } \\\text { this many: }\end{array} \\\hline \$ 100 \text { a pair } & \text { none } & 1 \text { pair } & \text { none } \\\hline \$ 75 \text { a pair } & \text { none } & 3 \text { pairs } & 1 \text { pair } \\\hline \$ 50 \text { a pair } & 1 \text { pair } & 7 \text { pairs } & 3 \text { pairs } \\\hline \$ 30 \text { a pair } & 2 \text { pairs } & 10 \text { pairs } & 5 \text { pairs } \\\hline\end{array}
The data suggest that


A) Leigh has higher income than Pat or Chris.
B) Leigh does not experience diminishing marginal utility for shoes.
C) Leigh prefers shoes to other items Leigh buys.
D) Pat's demand for shoes is less than Leigh's.

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