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What is the total demand for data in your family

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Reference no: EM132829290

You and your sibling all use data available through your family's shared data plan. Your inverse demand curves for data are as follows:

Yours: P = 30 - 3Qy

Sibling: P = 30 - Qs

A. Convert your demand to standard demand.

B. Convert your sibling's demand to standard demand.

C. At a price of $15, do you or your sibling demand more data?

D. What is the total (market) demand for data in your family?

Reference no: EM132829290

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