Given the inverse demand function P(Q)= 250 - Q,what is the demand function? A) Q^d = D(P) = 250 - P B) Q^d = D(P) = 250/P C) Q^d = D(P) = P + 250 D) Q^d = D(P) = 250 + P

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Quizplus · Accepted Answer

The demand function is the inverse of the inverse demand function. To find the demand function from the inverse demand function P(Q) = 250 - Q, we solve for Q in terms of P. Rearranging the equation gives us Q = 250 - P, which matches option A.

Given the Inverse Demand Function P(Q)= 250 - Q,what Is