At $3, consumers A, B, C, and D demand 10 units, 12 units, 14 units, and 8 units of commodity A, respectively. Calculate the market demand for commodity A at $3, assuming that A, B, C, and D are the only four consumers of this product.

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Q: will an increase in productivity affect the aggregate supply curve and the aggregate demand curve?

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Equilibrium Price and Quantity

Equilibrium refers to a state of balance that comes about because there is equality in all forces.