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Suppose the Weekly Demand Function for a Pound of the House

Question 51

Essay

Suppose the weekly demand function for a pound of the house blend coffee at a local coffee shop is p = 15 - Suppose the weekly demand function for a pound of the house blend coffee at a local coffee shop is p = 15 -    . (a)If the current price is $11.25 per pound,how much coffee is sold each week? (b)If they are selling 180 pounds of coffee each week,what is the current price? (c)If the owner wants to sell 300 pounds of coffee each week,what should the price be?
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(a)If the current price is $11.25 per pound,how much coffee is sold each week?
(b)If they are selling 180 pounds of coffee each week,what is the current price?
(c)If the owner wants to sell 300 pounds of coffee each week,what should the price be?

Correct Answer:

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(a)225 pounds
(b)$12...

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