QUESTION IMAGE
Question
consumers will buy 300 t - shirts if the price is $20 each. if the price is $14, consumers will be able to afford to buy more t - shirts. so, they would buy 500 t - shirts. what is the quantity of t - shirts demanded at $14? t - shirts
Step1: Identify the relevant information
The problem states that when the price is $14, consumers would buy 500 T - shirts.
Step2: Extract the quantity demanded
From the given information, the quantity of T - shirts demanded at a price of $14 is the number of T - shirts consumers would buy at that price, which is 500.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
500