Suppose that the market demand and supply curves for granola bars are represented by the following equations:
Q^D = 7,000 - 120P
Q^S = -50 + 20P
where Q^D is the quantity demanded, Q^S is the quantity supplied, and P is the price.
a. Show that the law of demand holds using calculus.
b. Show that the law of supply holds using calculus.

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The Answer of Suppose that the market demand and supply curves for granola bars are represented by the following equations: Q^D = 7,000 - 120P Q^S = -50 + 20P where Q^D is the quantity demanded, Q^S is the quantity supplied, and P is the price. a. Show that the law of demand holds using calculus. b. Show that the law of supply holds using calculus.

Suppose That the Market Demand and Supply Curves for Granola