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Business, 13.07.2019 01:30 tess92

Suppose the market was made up of two demanders. demander 1 has a demand function given by: qd = 50 - 5p. demander 2 has a demand function given by: qd = 80 - 20p. the horizontal summation of these two demand functions will, when graphed, have a kink (point where the slope changes). determine the price associated with the kink in the total demand function.

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Suppose the market was made up of two demanders. demander 1 has a demand function given by: qd = 50...
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