Chapter 1, Section 1.4, Question 007 Suppose that q = f(p) is the demand curve for a product, where p is the selling price in dollars and q is the quantity sold at that price. (a) What does the statement f(14) = 30 tell you about demand for this product? Select all that apply. When the price is $14, we expect to sell 30 units. When the price is $30, we expect to sell 14 units. When p = 14, we have q = 30. When p = 30, we have q = 14. (b) Do you expect this function to be increasing or decreasing? Why? (Click for List) v because (Click for List)