The following table shows the demand SUnit Demand Demand Dem

The following table shows the demand (S/Unit) Demand Demand Demand 16 1) Refer to the table above. What is the market dernand for wine when the price is $17 A) 50 units B) 51 units C) 76 units D) 80 units 2) Refer to the table above. What is the market demand for wine when the price is $3? A) 28 units C) 66 units D) 50 units TTT Arla 3 (12p)

Solution

Answer:- The market demand for wine when the price is $1:- (20+31+25) =76

So correct Answer is:- C:-76 units

Answer:- The market demand for wine when the price is $3:- (10+20+20) =

So correct Answer is:- D:-50 units