The inverse supply equation for clay pots is P = 0.5Q S + 1; the inverse demand equation is P = -2QD + 15. Quantity is in thousands of units. What is the normal demand equation?
A) Q = 2P - 15
B) Q = 7.5 - 2P
C) Q = 15 - 2P
D) Q = 7.5 - 0.5P
Correct Answer:
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