Question: 1. *1.4 Suppose that the demand function for mov ies is Q1 = 120- p for college students and Q2 = 60- 0.5p for other

1. *1.4 Suppose that the demand function for mov ies is Q1 = 120- p for college students and Q2 = 60- 0.5p for other town residents. What is the town’s total demand function (Q = Q1 + Q2 as a function of p)? Carefully draw a figure to illustrate your answer. M

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