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Suppose that the demand for a product is given by Q = 25 - 0.25P. a. Solve for the inverse demand curve. b. Graph the

Suppose that the demand for a product is given by

Q = 25 - 0.25P.

a. Solve for the inverse demand curve.

b. Graph the inverse demand curve, showing the numerical values for the vertical and the

horizontal intercepts.

If the product's price is $40 per unit, how many units will consumers be willing to buy?

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