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Question: the market demand curve for potatoes is given by q...

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The market demand curve for potatoes is given by Q 1000 +0.3-300P + 299p Where Annual demand in points Average income in dollars per year. P p Price of potatoes in cents per pound Price of rive in cents per pound. [Suppose S10,000 and p-$0.25; what would be the market demand for potatoes? At what price would Q 0?. Graph this demand curve. Suppose I rose to $20,000 with p staying at $0.25. now what would the demand for potatoes be? At what price would Q 0? Graph this demand curve. Explain whey more potatoes are demanded at every price in this case that in part a. to. If I returns to $10,000 but p falls to $0.10, what would the demand for potatoes be? At what price would Q 0? Graph this demand curve. Explain why fewer potatoes are demanded at every in this case than in part a. C. price

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