Question #86306
.The following equation; Q = r - kP, depicts -------
a.supply function
b.demand function
c.demand curve
d.supply schedule
Please help me answer this question.
1
Expert's answer
2019-03-13T13:18:13-0400

The following equation; Q = r - kP, depicts demand function.

So, the correct answer is b.demand function.


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