Microeconomics,, 16th Canadian Edition

Problems

13. The following table shows hypothetical demand schedules for

sugar for three separate months. To help make the distinction

between changes in demand and changes in quantity demanded,

choose the wording to make each of the following statements

correct.

Quantity Demanded for Sugar (in kilograms)

Price/kg October November December

$1.50 11 000 10 500 13 000

1.75 10 000 9 500 12 000

2.00 9 000 8 500 11 000

2.25 8 000 7 500 10 000

2.50 7 000 6 500 9 000

2.75 6 000 5 500 8 000