Mathematics, 28.09.2019 00:20 jlbradley429
Let q = the annual demand in pounds for a drug and p = the price per pound of the drug. suppose that q = 1,000,000p-6. also suppose that you want to "invert the demand curve" and express price as a function of demand. which of the following is an expression of the inverse demand curve?
a) p = 0.10q-1/6b) p = 10q6c) p = 10q-1/6d) p = 0.10q-1/3/10e) none of the above
Answers: 3
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Let q = the annual demand in pounds for a drug and p = the price per pound of the drug. suppose that...
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