Question: Suppose demand for lentils is given by Q = 100 - 3P + 10P k , where P k is the price of kidney beans.
Suppose demand for lentils is given by Q = 100 - 3P + 10Pk, where Pk is the price of kidney beans. Supply for lentils is given by Q = 49 + 3P - 5Pk.
Initially, the price of kidney beans is Pk = 1. By how much does the price of lentils increase if the price of kidney beans increases to Pk = 2?
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