UofT students love Ramen noodle bowls. Suppose we have identical students and each individual student's demand for Ramen bowls is given by P=165-3Q. We have 193 students on campus. What is the total quantity demanded from these 193 students when the price of a Ramen bowl is $20. Assume that the market for Ramen noodle bowls is perfectly competitive. Enter a number only. Remember, fractions of goods are possible.

UofT students love Ramen noodle bowls. Suppose we have identical students and each individual student's demand for Ramen bowls is given by P=165-3Q. We have 193 students on campus. What is the total quantity demanded from these 193 students when the price of a Ramen bowl is $20. Assume that the market for Ramen noodle bowls is perfectly competitive. Enter a number only. Remember, fractions of goods are possible.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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