For theater tickets, the demand curve for students isQ S =1004P QS=1004Pand for the general public isQ
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Question:
For theater tickets, the demand curve for students isQ
S
=1004P
QS=1004Pand for the general public isQ
GP
=2004P
QGP=2004P.
If the price is $30, calculate the quantity demanded from students, the general public, and the market.
If the price is $10, calculate the quantity demanded from students, the general public, and the market.
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