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Suppose There Are Only Three Individuals in the Market for a Certain

Question 4

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Suppose there are only three individuals in the market for a certain good.Individual A's inverse demand equation is P = 12 - QD,individual B's inverse demand equation is P = 4 - QD and individual C's inverse demand equation is P = 6 - 1/3QD.What is the aggregate demand equation for this market?

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First we need to rewrite the individual ...

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