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Marge has a demand for 2-liter bottles of Diet Coke given by the demand curve P =15- 0.5Q (or Q =30-2P), where P is the
Marge has a demand for 2-liter bottles of Diet Coke given by the demand curve P =15- 0.5Q (or Q =30-2P), where P is the price of each 2-liter bottle and Q is the quantity of bottles consumed.Suppose the price schedule for 2-liter bottles of Diet Coke at Marge's local supermarket is as follows:
First 15 bottles are $4/bottle
All remaining bottles are only $2/bottle
How many 2-liter bottles does Marge consume?
13 | ||
14 | ||
22 | ||
26 | ||
48 | ||
None of the above are correct. |
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