Suppose an individual inverse demand curve is given as P = 2 – 1/2 qi, where qi is the quantity demanded by individual i. There are 50 individual consumers with this identical, individual inverse demand curve. Solve for the market demand curve

What will be an ideal response?

Solve for the individual, regular demand curve, qi = 4 - 2P. Multiply the individual demand curve by 50 to yield QD = 200 - 100P.

Economics

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Fill in the blank(s) with the appropriate word(s).

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In equilibrium, low risk assets earn a _______return than high risk assets

a. higher b. lower c. similar d. none of the above

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