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The Demand Function Is Described by the Equation Q(p)= 30

Question 41

Multiple Choice

The demand function is described by the equation q(p) = 30 - p/3.The inverse demand function is described by the equation

A) q(p) = 30 - 3p.
B) p(q) = 90 - 3q.
C) q(p) = 1/(30 - p/3) .
D) p(q) = 1/30 - q/3.
E) p(q) = 30 - q/3.

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