Question

A new craft brewer, Willie the Boatman, has opened its doors in St Peters and is offering samples of its latest brew, Albos Delight on the Hill. If 18 individual consumers have the following demand curve for Albos Delight on the Hill: p = 27 – 29, the market demand curve is given by: O Q = 243 - 9p. O Q = 135 - p. O Q = 135 – 5p O Q = 270 - 5p. O None of the above.

Answer 1

nd cuve sual Conswers have the following den p=27-29 => 27-P = 22 - 27 P = 2 There are 18 individual conswers. 2 Hace market demand Q-182 = 27 X18 - Î xxx 18 -Q3 243- 92 Hunce Market demand curre es given by - Q = 243- qp (Aus] Scanned with Cam Seamer