Question
Suppose there are two buyers in a market with the following demand functions. Demand 1: P = 228 - 1.6Q Demand 2: P = 167
Suppose there are two buyers in a market with the following demand functions.
Demand 1: P = 228 - 1.6Q
Demand 2: P = 167 - 0.6Q
When the market price is[Answer],the total quantity demanded is 250.
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Essentials of Economics
Authors: N. Gregory Mankiw
8th edition
1337091995, 978-1337515351, 1337515353, 978-1337091992
