The marketing research and financial departments of a company estimate that at a price of P...

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In Problems 1-3, prices p1 and p2 are in dollars and q1 and q2 are numbers of units. 1. The demand functions for two products are given by q1 = 300 - 8p1 - 4p2 q2 = 400 - 5p1 - 10p2 Find the demand...
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