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Answer to Question #173761 in Microeconomics for Michael NKANTA
Question #173761
A demand function is given as:[D=25-2p] calculate the quantity demanded. (D) if the price of the product (p)is #6.00
Expert's answer
To get the quantity demanded we substitute the price in the equation;
"D=(25-(2\u00d76))=13 units"
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