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Consider 3 people who like Skinny CowIce Cream Sandwiches. Consider the following Demand Schedule for Savannah, Carmen, and Dr. K Quantity Demanded Price ($) Savannah

Consider 3 people who like Skinny CowIce Cream Sandwiches. Consider the following Demand Schedule for Savannah, Carmen, and Dr. K

Quantity Demanded
Price ($) Savannah Carmen Dr. K
25 - - 0
20 - - 5
15 - 0 10
10 0 10 15
5 20 20 20
0 40 30 25

demand equation for savannah will be

Q= 40 - 4P

Demand equation for Carmen will be

Q = 30 - 2P

the demand Equation for Dr.K will be

Q = 25 - P

Assume there are 6 identical buyers similar to Savannah that make up a Market. Write the equations for:

  1. The Market demand curve:q =
  2. The Market inverse demand curve: p=

Now assume Carmen, Savannah, and Dr. K comprise the Market. Write the equations for the Market demand curve and the Market inverse demand curve.

Price Range Who Is In The Market? If all three are in the market range, enter "All" Market Demand Inverse Market Demand (use fractions)
$0 to $10 inclusive

$10 to $15 inclusive

$15 to $25 inclusive

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