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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