Question: MARKET EQUILIBRIUM. to not (a) Jennifer's demand function for ice cream cones is Qu Jenn =10-4P at prices below $2.5 and zero at prices above

 MARKET EQUILIBRIUM. to not (a) Jennifer's demand function for ice cream

MARKET EQUILIBRIUM. to not (a) Jennifer's demand function for ice cream cones is Qu Jenn =10-4P at prices below $2.5 and zero at prices above $2.5. Amy's demand function is Q% # 6 -2P at prices below $3 and zero at prices above $3. What is the market demand function? Graph the individual and market demand curves. (b) Suppose the daily demand function for pizza in St. Catharines is Q" = 1575-5P. The variable cost of making @ pizzas per day is C(Q) = 20 + 0.010', there is a $100 fixed cost. There is free entry in the long run

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