Which of the following is an inverse demand function? A. P = 100 - 2QD B....

Question

Question

Which of the following is an inverse demand function? A. P = 100 - 2QD B. QD = 100 - 2P C. QD = 50/P D. QD = 100 - 2P + 5M + 10 A.5

Answer 1

Answer #1

Inverse demand function view price as function of demand .

Demand function Q as function of f( the demand function )

Inverse Demand P = f^-1 ( Q)

According to this Part A is correct expect that all the other are Demand Function

Correct answer is A ie P = 100- 2QD

Answer 2

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