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    Business
  3. Study Set
    Managerial Economics and Business Strategy Study Set 1
  4. Exam
    Exam 2: Market Forces: Demand and Supply
  5. Question
    Given a Linear Demand Function of the Form Q<sub>X</sub><sup>d</sup> =
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Given a Linear Demand Function of the Form QXd =

Question 16

Question 16

Multiple Choice

Given a linear demand function of the form QXd = 100 − 0.5PX,find the inverse linear demand function.


A) PX = 200 − 2QX
B) PX = 100 − 0.5QX
C) PX = 100 − 2QX
D) PX = 100QX − 0.5PX

Correct Answer:

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