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Mathematics 28 Online
OpenStudy (sabrina1):

8. You have an economy in which there are two consumers with demand functions: P = 10 – 2Q, and P = 6 – 2Q. The total number of units demanded with a price of $6 per unit is:

OpenStudy (bahrom7893):

P = 10 - 2Q when P=$6 6 = 10 - 2Q 6-10 = -2Q -4 = -2Q Q = 2

OpenStudy (bahrom7893):

so the answer's 2

OpenStudy (sabrina1):

ty!!

OpenStudy (sabrina1):

if you wouldnt mind helping me with the second part to this question that would be awesome.... 9. In the market described in the previous question, the intercepts (vertical, horizontal) for the market demand curve in this two-person economy are: (a) 10, 3 (b) 16, 5 (c) 10, 8 (d) 6, 8.

OpenStudy (bahrom7893):

sorry no idea.. im not gettin any of those choices

OpenStudy (bahrom7893):

i actually think it's 10,3

OpenStudy (sabrina1):

i wouldnt know how to get them lol but thanks for trying :)

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