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90daytona 90daytona
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6 years ago
Consider Charlie who sells hamburgers. Charlie won't sell any hamburgers if the price is
below $2, but he is willing to supply 2 additional hamburgers for every $1 increase in the price.
Given this information and holding everything else constant, what is the equation for Charlie’s
supply curve? Assume that Q is the quantity of hamburgers and P is the price per hamburger.

a) Q = 2P + 1
b) Q = 2P - 4
c) Q = (1/2)P - 1
d) Q = (1/2)P + 2


Economics 102 midterm fall2017 - university of Waterloo
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bolbolbolbol
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6 years ago
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90daytona Author
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6 years ago
Correct Slight Smile TY
paulinaibarra98
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Yesterday
You make an excellent tutor!
mcraver1
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2 hours ago
Thanks for your help!!
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