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Suppose firm a has a supply curve of upper q subscript upper a baseline equals negative 2 plus pq =−2 + p and firm b has a supply curve of upper q subscript upper b baseline equals 0.5 pqb = 0.5p how much is the total supply at a price of ​$44​

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Answer: Total supply is 64 thousand units

Explanation:

Firm A's supply is given by

[tex]Q_{A} = −2 + P[/tex]

[tex]Q_{A} = −2 + 44[/tex]

[tex]Q_{A} = 42[/tex] units

Firm B's supply is given by

[tex]Q_{B} = 0.5P[/tex]

[tex]Q_{B} = 0.5*44[/tex]

[tex]Q_{B} = 22[/tex] units

So, total supply of [tex]Q = 42 + 22 = 64[/tex] thousand units