Consider again the demand function for corn in formula (1). Graph the corresponding demand curve when potatoes

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Consider again the demand function for corn in formula (1). Graph the corresponding demand curve when potatoes and butter cost $0.75 and $4 per pound, respectively, and average income is $40,000 per year. At what price does the amount demanded equal 15 billion bushels per year? Show your answer using algebra.
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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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