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    Exam 4: Economic Efficiency, government Price Setting, and Taxes
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    If the Price of Toothpaste Is Represented by Equation P
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If the Price of Toothpaste Is Represented by Equation P

Question 363

Question 363

Multiple Choice

If the price of toothpaste is represented by equation P = 40 - .5QD,then the corresponding quantity of toothpaste demanded is represented by the equation


A) QD = 20 - .5P.
B) QD = 40 - P.
C) QD = 80 - 2P.
D) QD = -20 + P.

Correct Answer:

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