Question 2: (10 marks) Suppose a market has identical consumers, each of whom the same equation for the demand curve, given by: P = 100
Question 2: (10 marks) Suppose a market has identical consumers, each of whom the same equation for the demand curve, given by: P = 100 10Q. Pa rt A: Find the equation for the market demand curve when there are: 1. Two (2) consumers in this market (2 marks) 2. Ten (10) consumers in this market. (2 marks) Note: Show all working for parts (I) and (II)
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