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Question
Table 3-2| Caviar Price per oz. (dollars) | Ari's Quantity Demanded (oz.) | Sonia's Quantity Demanded (oz.) | Rest of Market Quantity Demanded (oz.) | Market Quantity Demanded (oz.) |
| $75 | 6 | 0 | 46 | |
| 65 | 18 | 6 | 64 | |
| 55 | 28 | 14 | 136 | |
| 45 | 36 | 24 | 170 | |
| 35 | 44 | 36 | 220 |
Refer to Table 3-2. The table above shows the demand schedules for caviar of two individuals (Ari and Sonia) and the rest of the market. If the price of caviar rises from $65 to $75, the market quantity demanded would
A) decrease by 36 oz.
B) increase by 52 oz.
C) increase by 36 oz.
D) decrease by 52 oz.
Answer
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