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a. You can sell 10 purses for $80 but if you charge $100 you only sell 5 purses. What is the exponential demand function? b.
a. You can sell 10 purses for $80 but if you charge $100 you only sell 5 purses. What is the exponential demand function? b. You can get 20 purses from Mexico for $1000 total (not each, the entire batch of 20 purses costs $1000). You can get 80 purses from Romania for $4800 total (not each, the entire batch of 80 purses costs $4800). What is the exponential supply function? c. What is the equilibrium price and quantity for purses
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