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The Table Below Shows the Weekly Demand for Hamburger in a Market

Question 308

Multiple Choice

The table below shows the weekly demand for hamburger in a market where there are just three buyers. The table below shows the weekly demand for hamburger in a market where there are just three buyers. Suppose now that there are 200 buyers in a market, each with a demand schedule identical to Buyer 2 in the table above (no one is similar to either Buyer 1 or Buyer 3) . What would the weekly quantity of hamburger demanded in the market at a price of $4 be? A) 8,000 B) 2,000 C) 7,400 D) 4,000 Suppose now that there are 200 buyers in a market, each with a demand schedule identical to Buyer 2 in the table above (no one is similar to either Buyer 1 or Buyer 3) . What would the weekly quantity of hamburger demanded in the market at a price of $4 be?


A) 8,000
B) 2,000
C) 7,400
D) 4,000

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