73 Name Class Schedule The record of sales for Hi-Quality Ware Products Corporation, which sells plastic canisters at P50 each, shows a sales volume of 400 units. The company decides to reduce the unit price by P15 which consequently resultsto sales of 150 more canisters. (a) Set up the demand function. (b) What is the highest price to be paid for this item? (c) How many canisters would be demanded if they were free? Answers:(a) (b) (c) Solution