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10.7 the demand function is Q=1000 - (0.5xP). P is the price paid by consumers. Calculate the quantity demanded when there is no insurance. (Put

10.7 the demand function is Q=1000 - (0.5xP). P is the price paid by consumers. Calculate the quantity demanded when there is no insurance. (Put the values in column Du of the table)

P Du Pnet D1 S

$1,000

$960

$920

$880 560 $176 912 952

$840

$800

$760

$720

$680

$640

$600

$560

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