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Suppose that 100 units of a product are demanded when the price is $ 10 per unit and 120 when the price is $ 8
Suppose that 100 units of a product are demanded when the price is $ 10 per unit and 120 when the price is $ 8 per unit. If the demand function behaves linearly, set up the equation for the quantity demanded as a function of the price and use it to obtain the price of the product if the quantity demanded was 90 units. Select the correct option.
$12
$9
$7
$11
$13
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