For demand function P=24-6Q, demand

Consider the linear demand function: P=120−110QP=120−110QWhat is the point price elasticity of demand when price is $80? -0.75 -0.50 -1.60 -2.00 -1.00

The inverse demand curve corresponding to the following equation is:  Qd= 100 - 3P The inverse equation is?

Write the inverse demand function for good X when Pc = 434 Pd730 m = 34000 a = 2490 This will be a function of Q P(Q) = ?

Consider the demand function for the price of lobster in Maine. Where Qd is the quantity of lobster demanded. (millions of Ibs per year) Pb is the price of butter, Pem is the price of crab meat, and M is the income of consumers. According to the therefore, consumers categorize lobsters as a demand function for lobsters, the income elasticity of lobsters is Qd = 9 – 0.1P – Pb + 0.01Pem + 0.0001M O .278: normal good -280: inferior good -.0001: inferior good O .280: normal good