1) Suppose that the market demand for Blue band is a straight line of the form Q = 300-50p where Q is the quantity bought in thousands of boxes per week and P is the price per box in.
When,P=0When, P = 0When,P=0
Q=300−50(0)Q= 300-50(0)Q=300−50(0)
Q=300−0=300Q= 300-0= 300Q=300−0=300
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