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We are provided with the following information:

- The average person in the U.S. consumes **37 gallons** of soft drinks per year at a price of **$2.00 per gallon**.
- At a price of **$1.50 per gallon**, each person would consume **46 gallons**.
- The population of the U.S. is **291 million**.

We are asked to calculate the **market demand** for soft drinks at prices of **$1.50** and **$2.00** per gallon.

### 1. Market Demand at $1.50 per gallon:
Each person consumes 46 gallons at $1.50 per gallon. To find the total market demand, we multiply this by the population:

\[
\text{Market Demand at } \$1.50 = 46 \text{ gallons per person} \times 291 \text{ million people} = 13,386 \text{ million gallons}
\]

Thus, the **market quantity demanded at $1.50 per gallon is 13,386 million gallons**.

### 2. Market Demand at $2.00 per gallon:
At $2.00 per gallon, each person consumes 37 gallons. Again, we multiply this by the population:

\[
\text{Market Demand at } \$2.00 = 37 \text{ gallons per person} \times 291 \text{ million people} = 10,767 \text{ million gallons}
\]

Thus, the **market quantity demanded at $2.00 per gallon is 10,767 million gallons**.

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Would you like further details or explanations? Here are some related questions:

1. How would the demand curve look based on this data?
2. How does price elasticity of demand relate to these figures?
3. What other factors could affect the demand for soft drinks in the U.S.?
4. How could changes in population alter the market demand for soft drinks?
5. How would taxes on soft drinks impact the quantity demanded at each price point?

**Tip:** Always keep in mind how changes in price affect both individual and market-wide demand when analyzing consumer behavior.

Let’s assume that each person in the United States consumes an average of 37 gallons of soft drinks (non-diet) at an average price of $2.00 per gallon, and that the U.S. population is 291 million. At a price of $1.50 per gallon, each consumer would demand 46 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.

Learn how to calculate the market demand for soft drinks in the United States at different price points of $1.50 and $2.00 per gallon. This problem involves multiplying individual consumption by the total population of 291 million. Explore concepts of market demand calculation, suitable for Grades 9-12.

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