QUESTION IMAGE
Question
consumers will buy 1,000 computers if the price is $700 each. if the price is $1,100, consumers wont be able to buy as many computers. so, they would buy 600 computers. what is the quantity of computers demanded at $1,100?
Step1: Identify the relevant information
The problem states that at a price of $1,100, consumers would buy 600 computers.
Step2: Determine the quantity demanded
We just need to extract the given quantity for the price of $1,100.
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