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Economics

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Given the demand curve Q = 200 -4p

Graph the demand curve showing exactly where it cuts the axes.
How much is demanded at a price of $10? $11? $9?

  • Economics - ,

    Use simple algebra. It cuts the X axis at Q=200, it cuts the y axis at p=50.
    Simply plug in p=10 and solve for Q. Repeat for 11, and 9.

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