meet the objective? 8. Suppose the inverse demand function for a certain model of a watch is given by: p = D(q) = 16 - 1.25q, where p is the price (in $) and q is the quantity demanded (in hundreds). a. Find the price at each level of demand: q=0, q=400, q=800 b. Find the quantity demanded for the watch at each price (be careful of units!): p=8, p=10, p=12