Imagine that the market supply of peaches comes from Georgia (GA) and South Carolina (SC). The supply schedule below shows the quantity of peaches supplied in each state at each price.
Individual and Market Supply of Purchases
Quantity of Quantity of Quantity of
Purchases Supplied Purchases Supplied Purchases Supplied
Price QA SC Market
(dollars per period)
10 20,000 16,000
8 10,000 15,000
6 12,000 12,000
4 8,000 9,000
2 4,000 6,000
(a) Complete the column labeled "Market".
(b) The quantity of peaches supplied to the market at a price of $6 per pound is
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