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:
A. 15.5 units.
B. 24.5 units.
C. ?12 units.
D. None of the statements is correct.
Answer: B
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