Mari and Tess are shopping for a cellphone accessories. Mari's demand function is Qx 500 - 5P %3D while Tess demand function is Qx = 200 - 3P. If the price is Php75, what will be their combined demand? *

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter18: Asymmetric Information
Section: Chapter Questions
Problem 18.3P
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Mari and Tess are shopping for a
cellphone accessories. Mari's
demand function is Qx 500 - 5P
%3D
while Tess demand function is Qx =
200 - 3P. If the price is Php75, what
will be their combined demand? *
Transcribed Image Text:Mari and Tess are shopping for a cellphone accessories. Mari's demand function is Qx 500 - 5P %3D while Tess demand function is Qx = 200 - 3P. If the price is Php75, what will be their combined demand? *
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