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Suppose That Scott's Demand for a Public Good Is P

Question 79

Multiple Choice

Suppose that Scott's demand for a public good is P = 7 - 0.3Q and that Mike's demand is P = 10 - 1.5Q.The equation for total demand for the public good is


A) Q = 17 - 1.8P.
B) P = 17 - 1.8Q.
C) P = 3 - 1.2Q.
D) P = 14 - 0.6Q.
E) P = 20 - 3.0Q.

Correct Answer:

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