If the price of a hamburger is $4, 20,000 will be bought, at a price of $3, 40,000 hamburgers will be bought, at $2, 60,000 hamburgers will be bought, and at $1, 80,000 hamburgers will be purchased, then the relevant relationship between the price of a hamburger and the quantity consumers are willing to purchase, is:
(Q - 20,000)/(80,000 - 20,000) = (P - 4)/(1 - 4),
(Q - 20,000)/60,000 = (4 - P)/3,
20,000*(4 - P) = Q - 20,000,
80,000 - 20,000P = Q - 20,000,
Qd = 100,000 - 20,000P.
Graph is most preferable model then other, because it clearly shows the relationship between the price and quantity.
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