Question: With the same equations as given in question 1, compute the aggregate demand for bottled water, assuming Alvin and Betty are the only consumers. Derive
With the same equations as given in question 1, compute the aggregate demand for bottled water, assuming Alvin and Betty are the only consumers. Derive the aggregate demand curve if there were five people with Alvin's demand curve and 10 people like Betty. (Q1: Alvin's demand for bottled water is given by the equation QdA = 8 - .5P. Betty's demand function isQdB = 6 - P. Calculate Alvin and Betty's marginal and total willingness to pay for four bottles of water and illustrate graphically.
pls answer in details and show me the graph
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