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Part II. Short Answers (Each Question = 10 Marks) Q-5. Consider the following table showing quantity demanded by three individuals. Quantity Quantity Quantity Price Demanded

Part II. Short Answers (Each Question = 10 Marks) Q-5. Consider the following table showing quantity demanded by three individuals. Quantity Quantity Quantity Price Demanded by Joe Demanded by Jen Demanded by Jay $10 19 15 28 $8 21 19 32 $6 23 23 36 $4 25 27 40 $2 27 31 44 SO 29 35 48 By how many units the quantity demanded in the market will increase if the price falls by $2? Show your work

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