Suppose that three consumers are in the market for good X. Consumer 1's (inverse) demand is P_X = 40 - Q_X; Consumer 2's (inverse) demand is P_X = 50 - 2Q_X; and Consumer 3's (inverse) demand is P_X = 70 - 4Q_X. When P_X = $20, the market will demand: A) 41 units. B) 47.5 units. C) 19.5 units. D) None of the statements is correct.

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The Answer of Suppose that three consumers are in the market for good X. Consumer 1's (inverse) demand is P_X = 40 - Q_X; Consumer 2's (inverse) demand is P_X = 50 - 2Q_X; and Consumer 3's (inverse) demand is P_X = 70 - 4Q_X. When P_X = $20, the market will demand: A) 41 units. B) 47.5 units. C) 19.5 units. D) None of the statements is correct.

Suppose That Three Consumers Are in the Market for Good