Given the linear demand curve, q = 10- 2p, calculate the quantity demanded at p = 1.
Given, q = 10 - 2p At p = 1
Quantity demanded, = 10 -2[1] =10-2 = 8
Given the linear demand curve, q = 10- 2p, calculate the quantity demanded at p = 1.
Given, q = 10 - 2p At p = 1
Quantity demanded, = 10 -2[1] =10-2 = 8