Suppose a Downward-Sloping Demand Curve Intersects the Horizontal Axis at a Point

Question 59
Multiple Choice

Suppose a downward-sloping demand curve intersects the horizontal axis at a point where quantity demanded equals 1250 units.What is the ʺvalueʺ that consumers place on the 1250th unit of this good? A)a negative value B)a positive value C)$0 D)$1250 E)it depends on the position of the supply curve