Question

what do you mean by marker demand function​

Answer 1

Answer:

market demand function

Explanation:

Market demand function refers to the functional relationship between market demand and the factors affecting market demand. As mentioned before, market demand is affected by all factors affecting individual demand.

Answer 2

Answer:

• In its standard form a linear demand equation is Q = a - bP. That is, quantity demanded is a function of price. ... For example, if the demand equation is Q = 240 - 2P then the inverse demand equation would be P = 120 - . 5Q, the right side of which is the inverse demand function.