Question: This rst tutorial covers the fundamentals that you must master before you can do most of the rest of the course: calculation of slope, inverting

This rst tutorial covers the fundamentals that you must master before you can do most of the rest of the course: calculation of slope, inverting and- plotting supply and demand curves, market equilibrium, and elasticity. Consider the hedging industry: rms in this industry sell hedges that people use to decorate their yards. You work for the Global Hedge Fund, a rm that analyses and invests in companies in this industry. Your staff estimates that the industry _ supply curve is Q = 2.5P 25, while the demand curve is P = 100 0.5Q. a. Theso two formulas are not written the same way. Which is \"inverted\

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