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For each set of individual demand functions, calculate the market demand function and draw both the individuals' and market demand on 1 graph.

a) 300 people, each has demand function P = -15x + 90. (Note: you need only graph 1 individual demand and the market demand)

b) 2 people: person 1 has demand x = -P + 75, person 2 has demand x = -3P + 135.  

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91388173

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