If Demand Is Estimated to Be $Q _ { d }$

question 12

Multiple Choice

If demand is estimated to be $Q _ { d }$ = 240 - 6P, the inverse demand function is

• A) P = 40- 0.1667Q.
• B) P = 240 - Q.
• C) \(Q _ { d }\) = 40 - P.
• D) \(Q _ { d }\) = 240 - 12P.
• E) \(Q _ { d }\) = 240 -3P.

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