Suppose the daily demand for Coke and Pepsi in a small city are given by
and
where QC and QP and QP are the number of cans Coke and Pepsi sell, respectively, in thousands per day. PC and PP are the prices of a can of Coke and Pepsi, respectively, measured in dollars. The marginal cost is $0.45 per can. If PP = $0.75, what is Coke's demand function?
A) 
B) 
C) 
D) 
Correct Answer:
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Q18: Suppose the daily demand for Coke and
Q19: Suppose the daily demand for Coke and
Q20: Suppose the daily demand for Coke and
Q21: Suppose the daily demand for Coke and
Q22: Suppose the daily demand for Coke and
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