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The following function describes the demand condition for a company that makes caps featuring names of college and professional teams in a variety of sports.
Q = 2,000 - 100 P
where Q is cap sales and P is price.
a) How many caps could be sold at $12 each?
b) What should the price be in order for the company to sell 1,000 caps?
c) At what price would cap sales equal zero?
Year nominal gdp gdp deflator ( base year 1996) 2000 9873 118 1999 9269 113 a.what was the growth rate of nominal gdp between 1999 and 2000 b.what was the growth rate of the gdp deflator between 1999 and 2000
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