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The table below shows three individual buyers' demand for wheat. Assume that there are three buyers in the market for wheat (data are hypothetical). Price
The table below shows three individual buyers' demand for wheat. Assume that there are three buyers in the market for wheat (data are hypothetical). Price Quantity Demanded by Quantity Demanded by Quantity Demanded by ($) Buyer 1 (in bushels) Buyer 2 (in bushels) Buyer 3 (in bushels) 6 6 5 8 A 15 10 12 w 21 15 16 Refer to the table above. The market demand for wheat is: 17 bushels at $6 and 37 bushels at $5. 37 bushels at $4 and 52 bushels at $3. 52 bushels at $5 and 37 bushels at $6. 24 bushels at $5 and 52 bushels at $4
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