SOLUTION: Suppose that q = 1,000,000p-6. Also suppose that you want to "invert the demand curve" and express price as a function of demand. Which of the following is an expression of the inv
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Question 867597: Suppose that q = 1,000,000p-6. Also suppose that you want to "invert the demand curve" and express price as a function of demand. Which of the following is an expression of the inverse demand curve?
A) p = 0.10q-1/6
B) p = 10q6
C) p = 10q-1/6
D) p = 0.10q-1/3/10
E) None of the above
Current working:
q = 1000000p^-6
q = 1000000(1/p^6)
From here I do not know how to make P = any of the above possible answers.
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Here's one way to work it out:
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