Suppose the Daily Demand for Coke and Pepsi in a Small

question 15

Multiple Choice

Suppose the daily demand for Coke and Pepsi in a small city are given by and where Q_C and Q_P are the number of cans Coke and Pepsi sell,respectively,in thousands per day.P_C and P_P are the prices of a can of Coke and Pepsi,respectively,measured in dollars.The marginal cost is $0.45 per can.If P_C = $0.60,what is Pepsi's demand function?

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