X, Y and Z are the only three consumers of a commodity. T...
X, Y and Z are the only three consumers of a commodity. Their respective demand schedules for the commodity are as given above. The market demand curve for the commodity cuts the quantity axis when quantity is
75 units
35 units
7 units
Not determinable from the schedules except when graphed
Correct answer is D
No explanation has been provided for this answer.
Similar Questions
One of the limitations PPC assumption is that there is ...
Which of the following is a condition necessary ...
In a socialist economy, the means of production is owned and controlled by the ...
The optimum population of a country is reached when ...
Banks aid economic expansion and development by ...
Cheques are not money because ...
The first petroleum exploring company to discover crude petroleum in Nigeria was? ...