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9. (15 points) Consider the demand function = 100 p/3 a. Determine the inverse of the demand function. b. Sketch the graph of the function.
9. (15 points) Consider the demand function = 100 p/3 a. Determine the inverse of the demand function. b. Sketch the graph of the function. To receive full credit, label the two intercept values and the slope. Following the convention in economics, place on the axis and on the axis. c. Is the demand function monotonic? How did you determine this?
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