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प्रश्न
The demand function of a product X is given as: Dx = 12 − 2 Px, where Px stands for price. The demand at price of ₹ 2 will be ______.
विकल्प
6
8
5
10
MCQ
रिक्त स्थान भरें
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उत्तर
The demand function of a product X is given as: Dx = 12 − 2 Px, where Px stands for price. The demand at price of ₹ 2 will be 8.
Explanation:
Substitute the price into the demand function: $$D_x=12-2P_x=12-2(2)=8\text{ units}.$$ The other options do not result from this calculation.
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