Microeconomics Phase 4 db

Microeconomics Phase 4 db

Outline of the Assignment

Part: I

Starting one's internets business, there is a decision to set up a company that will be selling cookbooks to the online customer. Given the cost schedule of next six months, one has to Plot the Demand Curve of the given Equation (Jehle, 2001).

a) The equation for the demand is given as Q = 10,000 - 9,000P.

b) The given price range is between $ 25 and $ 35.

c) Plot the demand curve of this equation keeping in mind the price range and the demand equation (Jehle, 2001).

Part: II

Looking ...