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Find the demand in each case if the price is given

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Reference no: EM131566688

Question: (a) H. Schultz has estimated the demand for cotton in the US for the period 1915-1919 to be D(P ) = 6.4 - 0.3P (with appropriate units for the price P and the quantity D(P )). Find the demand in each case if the price is 8, 10, and 10.22.

(b) If the demand is 3.13, what is the price?

Reference no: EM131566688

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