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Price Quantity Demanded 1.50 11,000 2.00 10,200 2.50 9,400 3.00 8,600 3.50 7,800 4.00 7,000 Refer to the table above where there is a demand

Price Quantity Demanded 1.50 11,000 2.00 10,200 2.50 9,400 3.00 8,600 3.50 7,800 4.00 7,000 Refer to the table above where there is a demand schedule for milk in Delmar County. If the price changed from $1.50 to $2.00, then quantity demanded will: Question 1 options: a) decrease by 1,600 b) increase by 1,600 c) decrease by 800 d) increase by 800

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