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Suppose the estimate of the demand function for the firm's product is: Q=200-5P +2Py+0.01M+2A, where Py = 20, A = 80, and M =
Suppose the estimate of the demand function for the firm's product is: Q=200-5P +2Py+0.01M+2A, where Py = 20, A = 80, and M = $6,000$. What is the inverse demand curve? -
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
