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Question: grean at al 2005 estimate the supply and damand cuves...

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Grean at al 2005) estimate the supply and damand cuves for Califomia procassed tomatoas The supply function s where Q Is the quantity of processing tomatoes in millions of tons per year and p is the price in dollars perton. Tha demand function b InQ)26-0.2 In/p) 0.15 Inip whera pt is the price af tomato paste which is what procassing tomatocs are used to producc) in dallars par ton. Suppose Pt 115 what is th demand function for processing tomatoes, where the quantity is solely θ function of the price of processing tomatoes? Enter al numenc responses uang real numbers rounded to three decmal plece3) The demand function for processing tumatoes is In(o)-1688-2In(p) 1012 14 16 18 yeut Q, Milon tons p

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