At a price of $30 per item, 120 items are demanded by consumers, but at a...
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At a price of $30 per item, 120 items are demanded by consumers, but at a price of $70 per item, only 20 items are demanded. Find the linear demand function, p(z), for this item. Enter your answer in slope-intercept form, using exact numbers. P(z) = At a price of $30 per item, 120 items are demanded by consumers, but at a price of $70 per item, only 20 items are demanded. Find the linear demand function, p(z), for this item. Enter your answer in slope-intercept form, using exact numbers. P(z) =
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Let lineas demand function be P ax b where a is slope constant b is inter... View the full answer
Related Book For
Microeconomics
ISBN: 9781464146978
1st edition
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
Posted Date:
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