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

Question

Quizplus · Accepted Answer

To find the demand function, we need to solve for Q in the inverse demand function.

P = 250 - Q 
Q = 250 - P

Therefore, the demand function is D(P) = 250 - P. Option A matches this function, making it the correct answer.

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