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2. The weekly market demand curve for watermelons is Q = 183P, where Q is the quantity demanded (measured in tons) and P is the
2. The weekly market demand curve for watermelons is Q = 183P, where Q is the quantity demanded (measured in tons) and P is the price (TL per kilo). Graph the demand curve for 1 P 6. When the maret price is P = 4, (a) What is the quantity of watermelons households demand each week? (b) What is the total expenditure by households on watermelons each week? Mark the area on the graph that represents this total. (c) What is the level to which the market price will have to drop for households to demand 12 tons of watermelon per week?
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