Question #263837

Write down the functional form for quantity demanded of a particular good. Create a demand

equation, prepare a schedule and draw a graph accordingly.


1
Expert's answer
2021-11-10T14:53:07-0500

Demand equation:

Q=6−12PQ=6-\frac{1}{2}P .

Demand schedule:



Demand graph/curve:

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Canada #334539 on Jan 2023