-Given the individual demands for video downloads in the above table, and assuming that these three people are the only ones in the market, which of the following statements is NOT true about market demand for video downloads?
A) The market quantity demanded at a price of $5 is 10.
B) The height of the market demand curve at a quantity demanded of 22 is $3.
C) The height of the market demand curve at a quantity demanded of 16 is $5.
D) The market quantity demanded at a price of $2 is 28.

Question

-Given the individual demands for video downloads in the above table, and assuming that these three people are the only ones in the market, which of the following statements is NOT true about market demand for video downloads?
A) The market quantity demanded at a price of $5 is 10. 
B) The height of the market demand curve at a quantity demanded of 22 is $3. 
C) The height of the market demand curve at a quantity demanded of 16 is $5. 
D) The market quantity demanded at a price of $2 is 28.

Quizplus · Accepted Answer

The Answer of 
-Given the individual demands for video downloads in the above table, and assuming that these three people are the only ones in the market, which of the following statements is NOT true about market demand for video downloads?
A) The market quantity demanded at a price of $5 is 10. 
B) The height of the market demand curve at a quantity demanded of 22 is $3. 
C) The height of the market demand curve at a quantity demanded of 16 is $5. 
D) The market quantity demanded at a price of $2 is 28.

-Given the Individual Demands for Video Downloads in the Above