The Demand Function Is Described by the Equation Q(p)= 130

question 20

Multiple Choice

The demand function is described by the equation q(p) = 130 - p/5.The inverse demand function is described by the equation

• A)p(q)= 650 - 5q.
• B)p(q)= 1/130- q/5.
• C)q(p)= 130 - 5p.
• D)q(p)= 1/(130 - p/5).
• E)p(q)= 130 - q/5.

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