Answered You can hire a professional tutor to get the answer.
Quantity of videos demanded Price (dollars) Alex Lynn Liza H 1 5 3 0 0 3 10 2 9 2 13 H 11 16 21. Given the individual demands for pre-viewed videos
Answer should be B
Please provide explanation Thanks!
Quantity of videos demandedPrice (dollars)AlexLynnLizaH1530031029213H111621. Given the individual demands for pre-viewed videos in the above table, and assuming that thesethree people are the only ones in the market, what is the market equilibrium quantity if the markethas a supply curve that can be characterized by the formula, Price = (1/3) Quantity ? (You shouldassume the continuous case.)A. 24 videosB. 12 videosC. 18 videosD. 30 videosE. 4 videos to each consumeAsk a homewo