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The Y- Axis Intercept of the Demand Curve Is 60

Question 19

Multiple Choice

The y- axis intercept of the demand curve is 60 and the slope is - 8. The equation of the demand curve is

A) P = 8 - 60QD.
B) P = 60 - 8QD.
C) QD = 60 - 8P.
D) P = 60 + 8QD.
E) QD = 60 + 8P.

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