PriceQuantity Demanded$01,000$1400$2200$3100$425 Refer to the table, which shows the number of MP3 downloads demanded per month for the students at a certain university. What would happen to the quantity of MP3s demanded at a price of $2 if the university's enrollment were to increase significantly?
A. The quantity demanded would increase above 200 because the market demand schedule is the sum of individual demand schedules, and more students means more individual demand schedules for MP3s.
B. The quantity demanded would rise to exactly 400 because every number in the table would simply shift down one row.
C. The quantity demanded would remain at 200 because the number of buyers in a market does not impact the market demand schedule.
D. The quantity demanded would fall below 200 because there would be more students competing for MP3s.
Answer: A
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