The Market for Good X Consists of Only Two Consumers; $\ge$

question 52

Multiple Choice

The market for good X consists of only two consumers; their demand curves are given by Q = 10 - 0.10P and Q = 5 - 0.10P. What is the market demand curve?

• A) Q_M = 15 - 0.2P if P \(\ge\) $50, and Q_M = 5 - 0.10P if P < $50
• B) Q_M = 15 - 0.2P if P \(\le\) $50, and Q_M = 10 - 0.10P if P < $50
• C) Q_M = 15 - 0.2P if P < $50, and Q_M = 10 - 0.10P if P > $50
• D) Q_M = 15 - 0.2P

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Definitions:

Nucleolus

A dense, spherical structure within the nucleus of a cell, involved in ribosomal RNA synthesis and ribosome biogenesis.

Inhibit Translation

The process of hindering the synthesis of proteins by preventing the translation of messenger RNA (mRNA) on ribosomes.

Mobile DNA Element

Segments of DNA that can move or copy themselves to new positions within the genome, playing roles in genetic diversity and evolution.

Germ Cells

Specialized cells involved in reproduction, giving rise to gametes, such as sperm or eggs.