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The following table shows the demand for notebooks of four consumers. Price($ per unit)Consumer ...

lollie614

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The following table shows the demand for notebooks of four consumers. Price($ per unit)Consumer ...

The following table shows the demand for notebooks of four consumers.

Price ($ per unit)	Consumer 1 Demand (units)	Consumer 2 Demand (units)	Consumer 3 Demand (units)	Consumer 4 Demand (units)
8	8	6	9	10
6	16	10	15	18
4	20	13	21	24
1	22	17	24	27

Define the term "market demand." If these four consumers constitute the entire market, calculate the market demand for notebooks at $1, $4, $6, and $8, respectively.

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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avi420

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More solutions for this book are available here

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lollie614 Author

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A year ago

Just got PERFECT on my quiz

Fleury

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Good timing, thanks!

dri

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Brilliant ツ

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