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In economics, an inverse demand function is the inverse function of a demand function. The inverse demand function views price as a function of quantity.

Quantity demanded, Q, is a function f {\displaystyle f} of price; the inverse demand function treats price as a function of quantity demanded, and is also called the price function:

Legend:P = PriceQ = Quantityf =

The inverse demand function is the form of the demand function that appears in the famous Marshallian Scissors diagram. The function appears in this form because economists place the independent variable on the y-axis and the dependent variable on the x-axis.

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