SOLUTION: let q=the annual demand in pounds for a drug and p equals the price per pound of the drug. suppose that q=1000000p^(-6). Also suppose that you want to "invert the demand curve" and

Question 739746: let q=the annual demand in pounds for a drug and p equals the price per pound of the drug. suppose that q=1000000p^(-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=10q^6
c)p=10q^(-1/6)
d)p=0.10q^(-1/3)/10
e)none of the above
Answer by MathLover1(20850) (Show Source): You can put this solution on YOUR website!

.....switch and

or
and
so, your answer is
c)

RELATED QUESTIONS
Hi guys, any help would be much appreciated! Let p = the price in dollars charged for... (answered by Theo)

Suppose that q = 1,000,000p-6. Also suppose that you want to "invert the demand curve"... (answered by jim_thompson5910)

Let q represent the number of widgets sold each week by a store, p represent the price in (answered by greenestamps)

7. Let q represent the number of widgets sold each week by a store, p represent the... (answered by math_tutor2020)

Suppose that the supply and demand equations for a certain product are P= 1/14 q-9 and... (answered by ikleyn)

1.Let p = the price in dollars charged for the dose of a drug. Suppose that the annual... (answered by Boreal)

3. A study estimates that the rate of preventable adverse drug events (ADEs) in hospital... (answered by Boreal)

Hi, I have the following question and I don't know what to do. It is the demand for... (answered by Hook)

If the demand function for a certain product is P=60−3,5Q, where P and Q are the... (answered by ikleyn)