The Demand Functions for Two Products Are Given by ​

question 9

Multiple Choice

The demand functions for two products are given by ​ ​
Where p₁ and p₂ are in dollars and q₁ and q₂ are numbers of units.
Find a pair of prices p₁ and p₂ such that the demands for the products will be equal. Round your answers to the nearest cent.
​

---

Definitions:

Free Choice

The ability to choose between different possible courses of action unimpeded by external constraints or coercion.

Soft Determinists

Philosophers or theorists who argue that human behavior and actions are determined by external and internal influences but still maintain that individuals have free will.

High Probability

A statistical measurement indicating a high likelihood or chance that a specific event will occur.

Soft Determinist

Someone who believes in determinism but also holds that human behavior can be free if it corresponds to the individual's desires, even if those desires are determined.