Answer to Question #152442 in Microeconomics for don

Question #152442

If the equation of demand curve is Q = 8 – 2P, then at price P = 2 the demand is

Expert's answer

At price P = 2, the demand ",Q= 8-2P=8-2\\times 2=8-4=4"

Learn more about our help with Assignments: Microeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Suppose that health care training institute charge fee separately for each machine like for treadmil
2. Suppose that health care training institute charge fee separately for each machine like for treadmil
3. Does Increase in tax on gasoline increase government revenue? Can you be sure that the deadweight lo
4. The equation Qd=1000-20p;work out the quantity demanded for price of RS 5,10,20 and 50
5. “Poverty/Inequality-reduction programs are bad for growth and redistribution curtails incentive fo
6. e). Analyse how an employer could attract more workers.
7. A certain household possesses R160000 worth of valuables with a 20% probability that there will be b