Table 4-3 Price of the Good Sophie Henry Neve Smith $0.00 22 18 10 8 0.50 20 14 6 6 1.00 16 12 2 5 1.50 14 10 0 4 2.00 8 8 0 2 2.50 2 6 0 0 Refer to the Table 4-3. What happens if the price decreases from $1.50 to $1.00? Question 17Answer a. The market demand increases by 35 units. b. The quantity demanded in the market decreases by 2 units. c. Individual demands will increase. d. The quantity demanded in the market increases by 7 units