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
The responsiveness of demand to a change in income is the measurement of ...
When a nation's exports are greater than its imports,________ ...
To finance a deficit balance of payment, a country may decide to ...
The distribution of goods is said to be completed when it reaches the ...
One of the characteristics of free trade zone is ...
Price discrimination can only occur when there is ...
When a country's population is experiencing increasing returns, that country is said to be ...
What to produce in any society is determined by the ...
To protect farmers during a bumper harvest, the government usually ...