Are the lecture notes for the last class on this website? I have been looking and can’t find them. I am a little confused on question7. I can get the demand curve, but keep getting negative numbers on the supply curve. I know I’m figuring it wrong, and just can’t seem to get it right. In my notes, I can see how we got the supply curve for what we did, but I can’t figure out how to get it for Q3-3+8p.
First, you found a mistake on the homework, the supply curve should be Q = -3 + 8p. That should fix the problem.
Second, I’m behind on lecture notes. I’ll get those up this week (unfortunately after homework is submitted).
Fill in your details below or click an icon to log in:
You are commenting using your WordPress.com account. ( Log Out / Change )
You are commenting using your Twitter account. ( Log Out / Change )
You are commenting using your Facebook account. ( Log Out / Change )
You are commenting using your Google+ account. ( Log Out / Change )
Connecting to %s
Notify me of new comments via email.
Blog at WordPress.com.