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2- State and give a verbal description of the intercepts of the following demand function. P = 9 - 30.* Vertical Intercept = 3. This

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2- State and give a verbal description of the intercepts of the following demand function. P = 9 - 30.* Vertical Intercept = 3. This means that P = 3 when Q = 0. And this is where the O demand function crosses the Y-axis. Horizontal Intercept = 9. This means that Q = 9 when P = 0. And this is where the demand function crosses the X-axis. = = Vertical Intercept = 9. This means that P = 9 when Q = 0. And this is where the demand function crosses the Y-axis. Horizontal Intercept = 3. This means that Q = 3 when P = 0. And this is where the demand function crosses the X-axis. Vertical Intercept = 9. This means that P = 9 when Q = 0. And this is where the demand function crosses the X-axis. Horizontal Intercept = 3. This means that 0 = 3 when P 0. And this is where the demand function crosses the Y-axis. = Vertical Intercept = 3. This means that P = 3 when Q = 0. And this is where the demand function crosses the X-axis. Horizontal intercept = 9. This means that Q = 9 when P = 0. And this is where the demand function crosses the Y-axis. None of the above

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