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PaulKet PaulKet
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Posts: 488
Rep: 6 0
6 years ago
Consider the demand functions:
A) Qd = 250 - 2P
B) Qd = 300 - 3P
Which of the demand functions reflects a higher level of consumer incomes?
A) A
B) B
C) A and B reflect the same consumer incomes.
D) More information is needed.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 80 times
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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RumkoRumko
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#1
Posts: 279
Rep: 7 0
6 years ago
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PaulKet Author
wrote...
#2
6 years ago
Thank you for helping me on my economics homework!
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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