Budding economist buck measures

Reference no: EM13667643

Suppose that budding economist Buck measures the inverse demand curve for toffee as P = $100 - QD, and the inverse supply curve as P = QS. Buck's economist friend Penny likes to measure everything in cents. She measures the inverse demand for toffee as P = 10,000 - 100QD, and the inverse supply curve as P = 100QS

Reference no: EM13667643

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