Multiple Choice
Suppose John and Wayne are the only two demanders of cowboy movies.Each month,John buys six cowboy movies when the price is $10 each,and he buys four cowboy movies when the price is $15 each.Each month,Wayne buys four cowboy movies when the price is $10 each,and he buys two cowboy movies when the price is $15 each.Which of the following points is on the market demand curve?
A) quantity demanded = 2;price = $15
B) quantity demanded = 4;price = $25
C) quantity demanded = 10;price = $10
D) quantity demanded = 16;price = $25
Correct Answer:

Verified
Correct Answer:
Verified
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