Suppose a and b have the following inverse demand curves, Ask an Expert

Economics

Suppose A and B have the following (inverse) demand curves for fruity pebbles: P = 150 – 3QA P = 150 – 1.5QB. If they are the only two people in the fruity pebbles market, then the market demand is:

A. P = 150 – Q

B. P = 300 – 4.5 Q

C. Q = 66.67 – 2/9 P

D. Q = 60 – P

E. P = 100 – 6Q

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91705946

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