Suppose Q1 = 50 when P1 = $25, and Q2 = 20 when P2 = $40. A linear estimate of the demand curve is:
A) P = $50 - $0.5Q
B) P = $50 + $0.5Q
C) Q = 100 + 2P
D) Q = 100 - 0.5P
Correct Answer:
Verified
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