Multiple Choice
Gina and George had a cash bar at their party last week. At $2 a ticket, the 50 people at their party bought 2,000 tickets. Market demand at Gina and George's party was
A) 2,000 tickets.
B) 4,000 dollars.
C) 400 tickets.
D) 50 people.
E) 100 dollars.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q14: If you feel strongly about protecting the
Q15: Products or services that are essential to
Q16: Willingness to pay depends on total benefit,
Q17: A phone provider who offers lower prices
Q18: Willingness to pay depends on marginal benefit,
Q20: Your preferences are determined only by your
Q21: The law of demand works because of
Q22: Substitutes need to be exactly the same
Q23: You have a bet that you can
Q24: A decrease in quantity demanded is represented