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The demand curve for a truckload of firewood for college students in a small town is Qc=350p. It is sometimes convenient to rewrite a demand

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

Qc=350p.

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=350Qc.

The demand curve for other town residents is

Qr=1502p.

Part 2What is the inverse demand curve for other town residents?Part 3The inverse demand curve for other town residents is

p=enter your response here.

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