Question: Suppose the demand function for a product is given as Q = 500 5 P. Find out: ( i) Quantity demanded at pric15, (

Suppose the demand function for a product is given as Q = 500 – 5 P.

Find out:

( i) Quantity demanded at pricè15,

( ii) Price to sell 200 units,

( iii) Price for zero demand, and

( iv) Quantity demanded at zero price.

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