Economy, asked by kami1071, 3 months ago

Which of the following is a case of linear demand function?

Answers

Answered by bhaumiksrinesh05

1

Answer:

In its standard form a linear demand equation is Q = a - bP. That is, quantity demanded is a function of price. The inverse demand equation, or price equation, treats price as a function f of quantity demanded: P = f(Q). To compute the inverse demand equation, simply solve for P from the demand equation.

Explanation:

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