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plz solve it ASAp 25 Q5. Suppose you are given an equation, 39 : : where p is the price per unit and x is

plz solve it ASAp

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25 Q5. Suppose you are given an equation, 39 : : where p is the price per unit and x is the quantity offered for sale. (1) Graph the relationship with p on the vertical and x on the horizontal, using at least 5 points. Also comment on the nature of this demand function. (3 marks) (ii) Suppose now the equation is p = i . Graph the new mction. (3 marks) x1

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