Suppose that three consumers are in the market for good X. Consumer 1's (inverse) demand is Px = 40 - 5Qx; Consumer 2's (inverse) demand
Suppose that three consumers are in the market for good X. Consumer 1's (inverse) demand is Px = 40 - 5Qx; Consumer 2's (inverse) demand is Px = 10 - Qx; and Consumer 3's (inverse) demand is Px = 30 - 2Qx. When Px = $5, the market will demand Multiple Choice 24.5 units. O None of the statements is correct. O -12 units. O 15.5 units
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