Question: Deriving price equation or inverse demand function. World consumption ( Qc ) Real price of copper ( Pc ) Index of real income ( M

Deriving price equation or inverse demand function. World consumption
(
Qc
)
Real price of copper
(
Pc
)
Index of real
income
(
M
)
Real price of
aluminum
(
Pa
)
3
,
1
7
3
.
0
0
3
2
.
6
6
8
5
5
8
1
1
0
.
7
0
1
9
.
7
6
3
,
2
8
1
.
3
1
3
3
.
4
4
7
8
0
0
6
8
0
.
7
1
2
0
.
7
8
3
,
1
3
5
.
7
0
3
4
.
3
2
6
4
2
9
5
0
.
7
2
2
2
.
5
5
3
,
3
5
9
.
1
0
2
6
.
3
1
0
1
5
2
5
0
.
7
0
1
3
.
0
6
3
,
7
5
5
.
1
0
3
5
.
1
5
9
7
8
8
1
4
0
.
7
4
2
4
.
9
3
3
,
8
7
5
.
9
0
3
5
.
1
6
7
8
9
5
7
3
0
.
7
4
2
6
.
5
0
3
,
9
0
5
.
7
0
3
4
.
2
4
9
7
1
4
2
2
0
.
7
4
2
7
.
2
4
3
,
9
5
7
.
6
0
3
1
.
2
0
1
0
6
6
9
0
.
7
2
2
6
.
2
1
4
,
2
7
9
.
1
0
3
2
.
8
8
7
8
6
9
7
7
0
.
7
5
2
6
.
0
9
4
,
6
2
7
.
9
0
3
4
.
2
7
8
9
9
4
3
8
0
.
7
7
2
7
.
4
0
4
,
9
1
0
.
2
0
3
1
.
9
8
4
7
0
9
2
3
0
.
7
6
2
6
.
9
4
4
,
9
0
8
.
4
0
3
2
.
6
2
1
7
9
2
4
0
.
7
9
2
5
.
1
8
5
,
3
2
7
.
9
0
3
4
.
0
4
8
6
1
6
3
0
.
8
3
2
3
.
9
4
5
,
8
7
8
.
4
0
3
5
.
6
8
5
9
7
8
6
9
0
.
8
5
2
5
.
0
7
6
,
0
7
5
.
2
0
3
8
.
4
0
6
2
9
1
5
8
0
.
8
9
2
5
.
3
7
6
,
3
1
2
.
7
0
4
0
.
3
0
2
1
2
9
1
2
0
.
9
3
2
4
.
5
5
6
,
0
5
6
.
8
0
4
0
.
8
2
5
9
1
9
6
4
0
.
9
5
2
4
.
9
8
6
,
3
7
5
.
9
0
4
3
.
0
7
9
8
5
0
1
5
0
.
9

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!