The Demand Curve for a Good Is Q = 80

question 140

Multiple Choice

The demand curve for a good is Q = 80 - 0.20P, where Q is the quantity demanded and P is the price per unit. This good's inverse demand curve is:

• A) P = 80 - 0.20Q.
• B) P = 40 - Q.
• C) P = 5Q + 40.
• D) P = 400 - 5Q.

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Definitions:

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