Author Question: Given the individual demands for video downloads in the above table, and assuming that these three ... (Read 114 times)

PhilipSeeMore · **on:** Jun 29, 2018

Given the individual demands for video downloads in the above table, and assuming that these three people are the only ones in the market, which of the following statements is NOT true about market demand for video downloads?

A) The market quantity demanded at a price of 5 is 10.
B) The height of the market demand curve at a quantity demanded of 22 is 3.
C) The height of the market demand curve at a quantity demanded of 16 is 5.
D) The market quantity demanded at a price of 2 is 28.

Question 2

Population increases are the limiting factor in the growth process in

A) classical growth theory.
B) neoclassical growth theory.
C) the new growth theory.
D) real growth theory.