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If the demand curve is QD = 10 - 2P, then the lowest price at which...

If the demand curve is QD = 10 - 2P, then the lowest price at which no consumer is willing to buy the good (i.e., the demand choke price) is:

5

10

7

2.

0 0
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Answer #1

Demand curve = 10-2P

Choke price is lowest price where the quantity demanded is equal to zero and it will be equal to 5

Option(A)

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Answer #2
Qd x= 40* find quantity demand when px=2¢
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