Figure 4.3.1
-Refer to Figure 4.3.1 above. The figure depicts the individual demands of the only three consumers in the market for good X. After constructing the market demand curve, we determine that quantity demanded at a price of $10.000 is:

Question

Quizplus · Accepted Answer

At a price of $10.000, Consumer 1 demands 6 units, Consumer 2 demands 5 units, and Consumer 3 demands 6 units. Therefore, the total quantity demanded in the market at a price of $10.000 is 6+5+6 = 17 units.

Figure 4.3.1 -Refer to Figure 4.3.1 Above. the Figure Depicts the Individual