League has a demand curve for generic advertising

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Suppose that each team in a league has a demand curve for generic advertising (a league-wide, non-tem-specific campaign) equal to Q = 1000 - 5p. If there are 20 teams in the league, and ads cost $175 each, how many ads will the teams want to purchase as a group?

Reference no: EM131239505

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League has a demand curve for generic advertising : Suppose that each team in a league has a demand curve for generic advertising (a league-wide, non-tem-specific campaign) equal to Q = 1000 - 5p. If there are 20 teams in the league, and ads cost $175 each, how many ads will the teams want to purch..
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