The next 3 questions concern a market for which the demand function is given by Q = 90 - 10P. You may find it helpful to sketch graphs.
Table 1 | |||
---|---|---|---|
Income | Quantity Demanded of X | Quantity Demanded of Y | Quantity Demanded of Z |
1000 | 125 | 70 | 4 |
2000 | 200 | 55 | 9 |
Table 2 | |
---|---|
Workers | Total Output per Week |
1 | 100 |
2 | 250 |
3 | 350 |
4 | 425 |
5 | 475 |
6 | 500 |
7 | 510 |