Question

write equation of linear demand curve

Answer 1

The standard form of thedemand equation can be converted to the inverseequation by solving for P or P = a/b − Q/b. More plainly, in the equation P = a − bQ, "a" is the intercept where price is zero (where the demand curveintercepts the Y-axis), "b" is the slope of the demand curve, "Q" is quantity and "P" is price.