A Wholesaler is an intermediary who sells hope spring's bottled water to retailers such as coffee collective. A wholesaler is person or company that buys large quantities of goods from various producers or vendors, warehouses them and resells goods in smaller quantities at low prices, typically to retailers. Wholesalers who carry only non-competing goods or lines are called distributors.
The market demand curve would be 1000 - 0.125Q.
<h3>How to calculate the demand curve?</h3>
It should be noted that the market demand curve will be the sum of the individual demand curve.
The market demand curve will be calculated thus. Mary’s demand curve is 5P = 5000 – 1.25QM. Here, p = 1000 - 0.25QM
Jack’s demand curve for donuts is given by P = 1000 – 0.5QJ. Helen’s demand curve is given by QH = 2000 – 2P. This will be P = 1000 - 0.5QH.
The slope will be:
= 0.5 × 0.25
= 0.15
The demand function of Jack and Helen are the same. The demand curve will be 1000 - 0.125Q.
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Answer:
because they are able to create it at a lower price
Explanation:
