Refer to the information provided in Figure 3.8 below to answer the following question(s). Figure 3.8Refer to Figure 3.8. Assume that there are only two people in the market for baseball caps: Alex and Ryan. Along the market demand curve for baseball caps, at a price of ________, quantity demanded would be ________.

A. $10; 7
B. $8; 12
C. $10; 11
D. $8; 13


Answer: C

Economics

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