Refer to the Information Provided in Figure 3

Multiple Choice

Refer to the information provided in Figure 3.8 below to answer the following question(s) . Figure 3.8
-Refer to Figure 3.8. Assume that there are only two people in the market for baseball caps: Alex and Ryan. Along the market demand curve for baseball caps, at a price of ________, quantity demanded would be ________.

A) $10; 7
B) $10; 11
C) $8; 12
D) $8; 13