Kim and Raj have been married for a very long time but they have "coffee issues." Kim's invese deman curve for cups of coffee is = 10 - 2q while Raj's inverse demand curve for cups of coffee is = 5 - q. What is their joint demand for coffee when the price per cup of coffee is $4 and $6, per cup, respectively?
The joint demand will be the addition of quantity of coffee demanded by both
Quantity demanded by Kim;
Quantity demanded by Raj;
When q is negative,we assume it's zero
Therefore the joint demand will be;
Joint demand
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