Suppose the daily demand for Coke and Pepsi in a small city are given by 
and 
where QC and QP are the number of cans Coke and Pepsi sell,respectively,in thousands per day.PC and PP are the prices of a can of Coke and Pepsi,respectively,measured in dollars.The marginal cost is $0.45 per can.If PC = $0.60,what is Pepsi's demand function?
Definitions:
Engineering Drawings
Technical drawings and specifications that detail the design, dimensions, and construction of an object or system.
Specifications
Detailed descriptions of the requirements, dimensions, materials, and other properties that a product, material, or service must meet.
Toyota Production System
A manufacturing methodology developed by Toyota that emphasizes efficiency and continuous improvement, focusing on just-in-time production and quality management.
Increasing Inventory
The process of adding more stock to a company's current inventory levels, often in anticipation of higher demand or to prevent stockouts.
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