Question: g. * Now consider the same problem from a slightly different angle. Suppose that the number of green cars driven by greenies is x. Then

g. * Now consider the same problem from a slightly different angle. Suppose that the number of green cars driven by “greenies” is x. Then the total number of green cars on the road is N 5 x 1 xm. Use this to derive the equation p1xm 2 of the demand curve for green cars by

“meanies,” and illustrate its shape assuming x 5 16,000.

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