Given the linear demand curve, q = 10 - 2p, calculate the quantit… - Vidyadip

Question

Given the linear demand curve, q = 10 - 2p, calculate the quantity demanded at p= 1.

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Answer

Given, q=10 - 2p
At p = 1
Quantity demanded, q =10 - 2 × 1
= 10 - 2 = 8

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