Suppose That There Are Only Three Consumers of a Product

question 279

Multiple Choice

Suppose that there are only three consumers of a product.At a price of $3 per unit,the first consumer would buy 6 units of the product,the second consumer would buy 5 units,and the third consumer would buy 7 units of the product.If you drew a market demand curve for this product,the quantity demanded at a price of $3 would be

• A) 18 units.
• B) 11 units.
• C) 13 units.
• D) unable to be determined based on the information provided

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