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Consider the market for product ABC, when the price is at Php 12, quantity demanded is 6 units. An eight pesos increase in the price

Consider the market for product ABC, when the price is at Php 12, quantity demanded is 6 units. An eight pesos increase in the price would change quantity demanded by 2 units. Determine the following: 1. The slope of the demand function 2. The intercept of the demand function 3. The demand function 4. The price function of demand 5. Draw the graphical illustration Label your graph

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