Suppose the two price and quantity combinations (Q 43, P 88) and (Q 545, P 13) lie on the market demand curve Solve for the market demand curve equation in the form P a bQ What is a b Enter your answer as a number to 2 decimal places NOTE ADD THE ABSOLUTE VALUES OF a AND b TOGETHER, E G IF P 100 5...

Answer a b 8982 As per law of demand keeping other things constant as price increases demand decreases and as price decreases demand increases b in de ...

Suppose the two price and quantity combinations (Q-43, P = 88) and (Q-545, P = 13)...

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

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Authors: Berk, DeMarzo, Harford

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Suppose the two price and quantity combinations (Q-43, P = 88) and (Q-545, P = 13)...

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Answer a b 8982 As per law of demand keeping other things constant as price increases demand decreases and as price decreases demand increases b in de... View the full answer

Fundamentals of Corporate Finance

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