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Business, 25.10.2019 03:43 Tristanana

There are 100 people in slobovia whose individual demands for widgets are: 20 people each have a perfectly inelastic demand for 50 widgets; 30 people each have a perfectly inelastic demand for 40 widgets; 40 people each have a perfectly elastic demand for widgets at a price of $2 per widget; 10 people each have a perfectly elastic demand for widgets at a price of $3 per widget. find the market demand curve for widgets and illustrate it graphically. explain carefully.

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There are 100 people in slobovia whose individual demands for widgets are: 20 people each have a pe...
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