Answer to Question #81007 in Microeconomics for fatima

Question

A small country produces sugar domestically but also imports from other countries. The domestic supply curve is Q(domestic) = 5P and the foreign supply curve is Q(foreign)=10P . The demand of sugar in this country is given by Qd=100-5P .

Give the coefficients of the aggregate (i.e. combined) supply curve for this market, expressed as Q(agrregart)= a+bp

Answer 1

The aggregate supply curve is simply Qag=5P+10P=15p.
Coefficients of the aggregate:
a=0
b=5.