The demand function for a certain product is given by: p =
,where p is the price and q is the quantity demanded.
(a)Find the values of q for which p > 0.
(b)Find the values of q for which p < 0.
(c)What do the results of (a)and (b)mean and why does this make sense?

Question

The demand function for a certain product is given by: p =  
,where p is the price and q is the quantity demanded.
(a)Find the values of q for which p > 0.
(b)Find the values of q for which p < 0.
(c)What do the results of (a)and (b)mean and why does this make sense?

Quizplus · Accepted Answer

The Answer of The demand function for a certain product is given by: p =  
,where p is the price and q is the quantity demanded.
(a)Find the values of q for which p > 0.
(b)Find the values of q for which p < 0.
(c)What do the results of (a)and (b)mean and why does this make sense?

The Demand Function for a Certain Product Is Given By