Exhibit 3-1 Market Demand

question 182

Multiple Choice

Exhibit 3-1 Market Demand
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-Suppose there are only three people in the economy: Jane, Harry, and Bob. The individual demand for corn for each of these consumers is given in Exhibit 3-1. The total quantity demanded of corn if the market price is $4 is ____.

• A) 3
• B) 25
• C) 17
• D) 8
• E) 36

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