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If Demand Is Estimated to Be QdQ _ { d }

Question 105

Multiple Choice

If demand is estimated to be QdQ _ { d } = 240 - 6P,the inverse demand function is


A) P = 40 - 0.1667Q.
B) P = 240 - Q.
C) QdQ _ { d } = 40 - P.
D) QdQ _ { d } = 240 -12P.
E) QdQ _ { d } = 240 - 3P.

Correct Answer:

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