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Given that quantity demanded per-period of time is a function of price and that the...

Given that quantity demanded per-period of time is a function of price and that the relationship is expressed as Q=60-1/2P Where Q=quantity demanded, P=price. (a)find the quantity demanded when the price is (i)N30.00 (ii)N0.00 (b)Comment in (a) (ii)above (c)Suppose the relationship is expressed as P=N (180-3Q find P when Q=60?
In Federal polytechnic, Idah
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Asked by Okumechi Marvelous on 29th June, 2022
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Enroll at ABU - Earn your Bachelor's Degree from the prestigious ABU DLC, Zaria - No JAMB required - Apply Now - Edutech
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your study abroad journey starts here - Meet with 60 Universities from the United Kingdom & Ireland - Click here to register - IDP Study World - SM
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