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Suppose the total demand function for a good was made up of 20 identical, individual demanders all with a demand function given by: qD= 20
Suppose the total demand function for a good was made up of20identical, individual demanders all with a demand function given by:qD= 20 - 0.5P.
Find the inverse, total demand function and fill in the missing values below.
P = 40 -______QD
(Round to the nearest two decimal places if necessary.)
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