An inverse demand function indicates the price that would result if any given quantity were placed on the market.

Name: An inverse demand function indicates the price that would result if any given quantity were placed on the market.
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An inverse demand function shows the maximum price that consumers are willing to pay for a given quantity of a product, therefore it indicates the price that would result if any given quantity were placed on the market.

An Inverse Demand Function Indicates the Price That Would Result