Question 1 (25 points) There are two consumers (A and B) in the market for widgets. Their demand functions are DAlP) = 6 2P and You conclude that the aggregate demand for p=4.5 is ("T"). identically 0. O equal to 1744.5). '3: :3' equal to D B ( 4. 5 ) . I:- j} 4.5. Question 2 (25 points) When the cross-price elasticity between two goods is positive, we call them complements. l: True r False '\\-._.-/' @Hpnhip Dicrnrrl l Question 3 (25 points) If the market demand function for a given good is iso-elastic, i: The individual demand functions must also be all iso-elastic. .1: :1 The individual demand functions cannot be linear. The individual demand functions must be all linear. (":31 None of the above. Question 4 (25 points) Everything else equal, consumer surplus is greater the lower the price of the good. True (a: Fa | se