Answer:
Market demand at $5 is 12 pork.
Step-by-step explanation:
In a market, the sum of individual demand for a product from buyers is known as market demand.
It is give that the at the price of $3 a pound of pork, Jason buys 8 pounds of pork and Noelle buys 10 pounds of pork.
So, market demand at $3 is
8 + 10 = 18
When the price rises to $5 a pound, Jason buys 5 pounds of pork and Noelle buys 7 pounds of pork.
So, market demand at $5 is
5 + 7 = 12
Therefore, the market demand at $5 is 12 pork.
