Question: Given a demand function q = D(p) (quantity in terms of price), we define the inverse demand function as p = P(q) (price in terms

Given a demand function q = D(p) (quantity in terms of price), we define the inverse demand function as p = P(q) (price in terms of quantity). If the demand for a product is given by 2 D(P) = 100 p The inverse demand function is: P(q) = 100 CO / N None of these options O P(q) N/ CO (100 - q)

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