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


1
Expert's answer
2021-03-23T08:29:18-0400

To get the quantity demanded we substitute the price in the equation;


D=(25−(2×6))=13unitsD=(25-(2×6))=13 units


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