please attempt all questions clearly

2. (10 points) Suppose the market demand for a good consists of two con- sumers, 1 and 2, where their respective individual demands are: P, (p) = 200 - 5p and Do(p) = 100 - p. Note that demand cannot be nega- tive, so what we really mean is Di(p) = max {200 - 5p, 0} and Do(p) = max { 100 - p, 0}. (a) (4 points) On one diagram graph the individual demand curves as well as the resulting market demand curve. Mark the intercepts correctly. (b) (3 points) Suppose supply is given by p = 30, that is, the supply is perfectly elastic. Find the amount purchased by each consumer. Illustrate your answer with a graph. (c) (3 points) Now, suppose instead the supply is given by q = 20. Find the equilibrium market price. (Be very careful here.) Illustrate your Answer with a graph.1. Consider the model of Tversky and Kahneman developed in class. Let three dimensions of choice be mug (M), candy (C), and money (m), and the reference dependent utility be Ur(e) - 3(cu - FM) + 20(co - rc) + 6 - I'm, where w(a) = 2 for 2 2 0, and o(2) = 2r for a