(Solved): Three Buyers Have Different Demands For Donuts: I. Buyer 1 Has The Following Demand: Qd= 5 - P. Buye ...
Three buyers have different demands for donuts: i. Buyer 1 has the following demand: qd= 5 - P. Buyer 2 has the following demand: qa= 6 - 2P Buyer 3 has the following demand: qd= 4 - .5P| 1. Derive the market demand curve for donuts, algebraically. 2. Graph the market demand curve for donuts. Pay special attention to any kinks in the market demand!