微信扫一扫
实时资讯全掌握
The market for radios consists of 100 consumers, each of whom has the demand function:
QDradio = 4 − 0.4 Pradio + 0.0025 Income + 0.25 Pnewspaper − 0.005 PbatteriesAt current average prices, a radio costs £10, a newspaper costs £1, and batteries cost £2. Average income is £1,000. The market demand curve for radios is most accurately described as: A. 400 − 40 Pradio + 0.25 Income + 25 Pnewspaper − 0.5 Pbatteries. B. 674 − 40 Pradio. C. 16.85 − 0.025 QDradio. |