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Explanation: the Following Figure Graphs the Answer

Question 12

Multiple Choice

Explanation: The following figure graphs the answer.
Explanation: The following figure graphs the answer. -Refer to the figure above.If Good X is a private good,what is the market price when the total quantity demanded on the market is 3? A) $8 B) $14 C) $12 D) $10
-Refer to the figure above.If Good X is a private good,what is the market price when the total quantity demanded on the market is 3?


A) $8
B) $14
C) $12
D) $10

Correct Answer:

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