Business
Business, 12.03.2020 01:01, rubal6

In the market for good X there are three buyers, Adam, Bill, and Carolyn. Adam buys 3 units of good X at $4, Bill buys 7 units of good X at $4, and Carolyn buys 8 units of good X at $4. One point on the market demand curve for good X consists of a price of and a quantity demanded of units

A) $4; 10

B) $4; 18

C) $4; 15

D) $5; 8

E) none of the above

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Answers: 3

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In the market for good X there are three buyers, Adam, Bill, and Carolyn. Adam buys 3 units of good...

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