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Answer to Question #64679 in Microeconomics for anna katrina
Question #64679
Suppose that the demand function for a commodity is given as Qd = 9000 - 100P
a. derive the market demand schedule for this commodity using the various prices below. Indicate your answer on the corresponding space provided on the table. Plot the table on a graph
Price 5 10 20 30 40 52 60 70
quantity deman __ __ __ __ __ __ __ __
a. derive the market demand schedule for this commodity using the various prices below. Indicate your answer on the corresponding space provided on the table. Plot the table on a graph
Price 5 10 20 30 40 52 60 70
quantity deman __ __ __ __ __ __ __ __
Expert's answer
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