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The Demand Function in Table 3-1 Is QXd = 100

Question 40

Multiple Choice

The demand function in Table 3-1 is Q<sub>X</sub><sup>d</sup> = 100 - 2P<sub>X</sub>. Based on this information, when Q<sub>X</sub> = 80, the price, P<sub>X</sub> (point A) , is: A) $5. B) $10. C) $15. D) $20.
The demand function in Table 3-1 is QXd = 100 - 2PX. Based on this information, when QX = 80, the price, PX (point A) , is:


A) $5.
B) $10.
C) $15.
D) $20.

Correct Answer:

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