Question: Part II. Open End Questions Question 1. Demand Function and Demand Table A data company, Cloud storage, provides low-cost data storage and file-sharing services based

 Part II. Open End Questions Question 1. Demand Function and Demand

Part II. Open End Questions Question 1. Demand Function and Demand Table A data company, Cloud storage, provides low-cost data storage and file-sharing services based on yearly subscriptions. A study of the company found that their yearly subscriptions (quantity demanded or Q) can be estimated as a function of monthly prices (P) as the demand table below shows. Table 1. Potential Subscriptions and Prices for Cube Dash Price (P) Subscriptions (Q) Price (P) Subscriptions (Q) $ 20.00 / year $ 12.00 / year $ 18.00 / year $ 10.00 / year $ 16.00 / year 6.0 million $ 8.00 / year $ 14.00 / year 6.5 million $ 6.00 / year (a) Given the information provided, try to figure out the demand function for Cloud storage. (b) Finish the demand table provided above

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