Let's assume that each person in the United States consumes an average of 39 gallons of soft drinks (non-diet) at an average price of $2.00 per gallon, and that the U. S. population is 295 million. At a price of $1.50 per gallon, each consumer would demand 49 gallons of soft drinks. From this information about the individual demand schedule, calculate the market demand schedule for soft drinks for prices of $1.50 and $2.00 per gallon.
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Home » Business » Let's assume that each person in the United States consumes an average of 39 gallons of soft drinks (non-diet) at an average price of $2.00 per gallon, and that the U. S. population is 295 million. At a price of $1.