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Consider the Demand Function Qd = 150 - 2P

Question 23

Multiple Choice

Consider the demand function Qd = 150 - 2P.The effects of other determinants of Qd is reflected in


A) the intercept of the function.
B) the slope of the function.
C) neither the slope nor the intercept of the function.
D) in both the slope and the intercept of the function.

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