Consider a Straight-Line Demand Curve That Cuts the P Axis

question 9

Multiple Choice

Consider a straight-line demand curve that cuts the P axis at P = 10 and cuts the q axis at q = 20.What is the equation for this demand curve?

• A)P = 20 - q
• B)P = 10 - 2q
• C)P = 20 - 2q
• D)P = 10 - 1/2q
• E)None of the above.

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