Economy, asked by anandaish2496, 1 month ago

The market for lemon has 10 potential consumers, each having an individual demand curve P = 101 - 10Qi, where P is price in dollars per cup and Qi is the number of cups demanded per week by the ith consumer. Find the market demand curve using algebra. What is the quantity demanded by each consumer and in the market as a whole when lemon is priced at P = $1/cup?

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Answered by muankima29
2

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