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Suppose the Market Consists of 3 Individuals: Citizen A, Citizen

Question 57

Multiple Choice

Suppose the market consists of 3 individuals: Citizen A, Citizen B and Citizen C. Suppose the market consists of 3 individuals: Citizen A, Citizen B and Citizen C. If the good shown on the graphs is a private good, then at a price of $4, market demand is ________ units. A) 60 B) 30 C) 10 D) 5 If the good shown on the graphs is a private good, then at a price of $4, market demand is ________ units.


A) 60
B) 30
C) 10
D) 5

Correct Answer:

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