Anne, Debbie, and Mary are the only producers of fudge in an isolated village. Price (dollars per bag) Quantity supplied (bags per week) The table shows their supply of fudge each week. Anne Debbie Mar 1.00 When the price of a bag of fudge is $0.50, what is the quantity of fudge supplied by the market in a week? 3 7 0.75 1 6. 0.50 When the price of a bag of fudge is $0.50, the quantity bags of fudge a week. supplied by the market is

Brief Principles of Macroeconomics (MindTap Course List)
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Author:N. Gregory Mankiw
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Chapter4: The Market Forces Of Supply And Demand
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Anne, Debbie, and Mary are the only producers of fudge in an
isolated village.
Price
(dollars
per bag)
Quantity supplied
(bags per week)
The table shows their supply of fudge each week.
Anne
Debbie
Mary
1.00
When the price of a bag of fudge is $0.50, what is the quantity
of fudge supplied by the market in a week?
7
0.75
4
6.
0.50
When the price of a bag of fudge is $0.50, the quantity
supplied by the market is
bags of fudge a week.
Transcribed Image Text:Anne, Debbie, and Mary are the only producers of fudge in an isolated village. Price (dollars per bag) Quantity supplied (bags per week) The table shows their supply of fudge each week. Anne Debbie Mary 1.00 When the price of a bag of fudge is $0.50, what is the quantity of fudge supplied by the market in a week? 7 0.75 4 6. 0.50 When the price of a bag of fudge is $0.50, the quantity supplied by the market is bags of fudge a week.
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