Quiz 1-1 - P=$80 Realizing their mistake, Donruss prints...

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Quiz 1 The demand for John Smoltz and Tom Glavine baseball cards are exactly the same, and can be written as P = 100 – 1100 Q The Donruss printed 2,000 cards when they realized that they had put Tom Glavine’s face on John Smoltz’ card (a constants supply). What is the competitive market price for these cards?
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Unformatted text preview: P=$80 Realizing their mistake, Donruss prints 9,000 regular Tom Glavine cards. What is the competitive market price for these cards? P=$10...
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