Question
Price
Quantity
$50
300
40
600
20
800
10
1,000
According to the above demand schedule, if price falls from $20 to $10, then
Quantity
$50
300
40
600
20
800
10
1,000
According to the above demand schedule, if price falls from $20 to $10, then
Answers
Ms. Sue
the company sells 200 more.
20 * 800 = 16,000
10 * 1,000 = 10,000
20 * 800 = 16,000
10 * 1,000 = 10,000