Question

At $2.95 each, Sara rented ten movies a month. The price went up to $3.45, so she started renting two fewer a month. When the price went up to $4.45, she cut the number she rents in half. What’s her monthly quantity demanded?

Answer 1

4

Step-by-step explanation:

Answer 2

When the movies were $2.95 a month, she rented 10, meaning she spent $29.50 (2.95 * 10)
She then rented two fewer movies, meaning she rented 10-2 which equals 8, and spent $27.60 (3.45 * 8)
She then cut the number of movies rented in half 8/2 which equals 4, and spent $17.80 (4.45 * 4)
So she now rents 4 movies per month, and spends $17.80
Hope this helps!