Question: the demand function for a certain commodity is given by p = 100eq/2. (p is the price per unit and q is the number of

the demand function for a certain commodity is given by p = 100eq/2. (p is the price per unit and q is the number of units.)

(a) At what price per unit will the quantity demanded equal 8 units? (Round your answer to the nearest cent.)

(b) If the price is $2.65 per unit, how many units will be demanded, to the nearest unit?

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