Refer to Table 4-4. If these are the only four sellers in the market, then the market quantity supplied at a price of $4 is

A) 10 units.
B) 18 units.
C) 33 units.
D) 28 units.

Question

Refer to Table 4-4. If these are the only four sellers in the market, then the market quantity supplied at a price of $4 isA) 10 units.B) 18 units.C) 33 units.D) 28 units.

Elizabeth Rohrer · Accepted Answer

Final Answer : D, Explanation :  The market quantity supplied is the sum of the quantities supplied by all sellers at a given price. If the total quantity supplied by the four sellers at $4 is 28 units, then the correct answer is 28 units.

Refer to Table 4-4. If these are the only four sellers in the market, then the market quantity supplied at a price of $4 is

A) 10 units.
B) 18 units.
C) 33 units.
D) 28 units.

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