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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=
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:
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