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This market has a supply curve that is given by: Qs = 100+ 10P.There are two types of consumers in this market, adults and children.
This market has a supply curve that is given by: Qs = 100+ 10P.There are two types of consumers in this market, adults and children. The demand for children is given by Qdc = 90-4P The demand for adults is given by Qda = 70-16P