Given a linear demand function of the form Qx 200 05Px find
Given a linear demand function of the form Qx 200 0.5Px, find the inverse linear demand function Select one: a. Px-400-.5Qx. b.Px-100-0.5Qx c.Px = 100-2Qx. d. Px = 400-2Qx.
Solution
ans
the linear function of the form are qx^D=200-0.5Px the inverse linear demand function is
the correct ans is d px= 400-2qx
