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The demand curve for a truckload of firewood for college students in a small town is Upper Q Subscript c equals450minusp. It is sometimes convenient

The demand curve for a truckload of firewood for college students in a small town is

Upper Q Subscript c

equals450minusp.

It is sometimes convenient to rewrite a demand curve equation with price on the left hand side. We refer to such a relationship as the inverse demand curve. Therefore, the inverse demand curve for college students is

p=450minusUpper Q Subscript c.

The demand curve for other town residents is

Upper Q Subscript r

equals450minus2p.

What is the inverse demand curve for other town residents?

The inverse demand curve for other town residents is

p= 250 minus Upper Q / 2.

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