Let the Demand Function for a Product Be Q =

question 11

Multiple Choice

Let the demand function for a product be Q = 100 - 2P. The inverse demand function of this demand function is:

• A) Q = 100 + 2P.
• B) P = 50 - 0.5Q.
• C) P = 50 + 0.5Q.
• D) None of the answers is correct.

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