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Business, 20.03.2020 19:20 jasminevargasolea

Suppose that three consumers are in the market for good X. Consumer 1's (inverse) demand is P X = 40 − Q X; Consumer 2's (inverse) demand is P X = 50 − 2Q X; and Consumer 3's (inverse) demand is P X = 70 − 4Q X. When P X = $20, the market will demand:
a. 47.5 units. b. 41 units. c. 19.5 units. d. None of the statements is correct.

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Suppose that three consumers are in the market for good X. Consumer 1's (inverse) demand is P X = 40...
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