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Scenario: The market demand for soccer balls in a small town is 2,500 units and there...

Scenario: The market demand for soccer balls in a small town is 2,500 units and there
are two rival sports brands selling soccer balls in this town—Sporty and Go! The
products of the two brands are identical.

7. __________ Refer to the scenario above. The demand for Sporty's soccer balls is
1,250 units if ________.
A) the price charged by Sporty is higher than the price charged by Go!
B) the price charged by Go! is higher than the price charged by Sporty
C) the price charged by Sporty is equal to the price charged by Go!
D) the price charged by Sporty is higher than the cost of production of each ball

8. __________ Refer to the scenario above. The demand for Sporty's soccer balls is
2,500 units if ________.
A) the price charged by Sporty is higher than the price charged by Go!
B) the price charged by Go! is higher than the price charged by Sporty
C) the price charged by Sporty is equal to the price charged by Go!
D) the price charged by Go! is higher than the unit cost of producing a ball

9. __________ Refer to the scenario above. The demand for Go!'s soccer balls is
2,500 units if ________.
A) the price charged by Sporty is higher than the price charged by Go!
B) the price charged by Go! is higher than the price charged by Sporty
C) the price charged by Sporty is equal to the price charged by Go!
D) the price charged by Go! is higher than the cost of producing a ball

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