A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2017 · Q101 Mark
Consumer X is the largest of five consumers and buys 50% of sales. The table shows the quantity of the good demanded by consumer X and the market supply of the good. [Table showing price ($), demand from consumer X, and market supply] What would be the market equilibrium price?
A$4
B$6
C$8
D$10
✓ Correct answer
B: $6
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