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Economics - Financial Markets
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Economics
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@uri Suppose that Uri and dumbsearch2 are a couple. They're the only people in this family. Dumbsearch2's inverse demand curve for lettuce-made shoes is \(P = 5-\frac{1}{2}Q_b\). Uri's inverse demand curve for lettuce-made shoes is \(P=10-2Q_a\). What is this family's demand function for lettuce-made shoes. Calculate this families consumption of lettuce-made shoes when the price is 4 and 6.
Micro economics :o
yes
This question is hard....never studied it.
Tell me how we do it.
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What does that look like?
y = mx+b ??
am i right?
Slope?
yes
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It looks like dat..okay then..just it's a subraction sign in between.
less than.
Oh..
It's 4 am.jeez.
anyways, answer(s) are 5 lettuce-made shoes when P = 4 and 2 lettuce made shoes when P = 6
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LOOOOOOOOOL.
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