Question: Table 15-5 Quantity Demanded in Middle Fall (tubes per week) Price per Tube Quantity Demanded in West Fall (tubes per week) Price per Tube 1
Table 15-5 Quantity Demanded in Middle Fall (tubes per week) Price per Tube Quantity Demanded in West Fall (tubes per week) Price per Tube 1 $8.00 1 $5.00 2 7.00 2 4.50 3 6.00 3 4.00 4 5.00 4 3.50 5 4.00 5 3.00 Neem Products sells its Ayurvedic Neem toothpaste in two completely isolated markets with demand schedules as shown in Table 15-5. The average cost of production is constant at $2 per tube. Refer to Table 15-5. How many tubes of toothpaste will Neem sell in West Fall and at what price? Group of answer choices Q = 2 units; P = $4.50 Q = 3 units; P = $4 Q = 4 units; P = $3.50 Q = 5 units; P = $3
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