16. Chapter ma2pe09r, Section 4, Problem #26 (ID: 026.04 MANK09)
Figure 4-2
Consumer 1
Consumer 2
PRICE
Demand
PRICE
Demand
2 4 6 8 10 12 14 16 18 20
QUANTITY
5 10 15 20 25 30 35 40 45 60
QUANTITY
Refer to Figure 4-2. If these are the only two consumers in the market, then the market quantity demanded at a price of $15 is
a. 0 units.
b. 25 units.
c. 10 units.