Question: Part 1 ( 1 point ) Consider a demand curve given by = 1 0 . 0 0 ( 0 . 8 0 ) .

Part 1(1point)
Consider a demand curve given by=10.00(0.80). What is the inverse demand curve associated with this demand curve?
Choose one:A.=12.500.80B.=0.081.25C.=0.080.80D.=12.501.25
Part 2(1point)
What is the maximum price the consumer would be willing to pay for the very first amount of the good?$
Part 3(1point)
How many units would the consumer demand if the good were free?

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