What is the equation for the aggregate demand curve of this Economics problem? HELP?
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Suppose that demand for tickets to the local theatre comes from two distinct groups: the general public and students. Demand curves for each group are as follows: QGP=480–6P QS=200–4P What is the equation for the aggregate demand curve for theatre tickets (QGP + Qs as a function of price)?
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Answer:
Q=480+200-10P=680-10P
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