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 supply equation?
A) Q = 2P - 2
B) Q = P - 1
C) Q = P - 2
D) Q = 0.5P - 1
Correct Answer:
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