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April 11th, 2011, 09:25 AM   #1
Joined: Dec 2010
From: Drachten, the Netherlands

Posts: 49
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parameters direct demand functions

I have the following inverse demand functions:


and the following corresponding direct demand functions:


Given these demand functions, I have to derive formulas for the parameters of the direct demand functions (ai,bi,c, for i=1,2))

Can someone please explain me how to do this. This problem really frustates me.

I know that the answer are ai=(d1e2-d2f)/(e1e2-f^2), bi=ej/(e1e2-f^2) and c=f/(e1e2-f^2) (where i is not equal to j)

PLEASE help me. I do not even know how to start
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