Question

Suppose the Quantity Demanded is 100. What must the price be?

Answer 1

It should be noted that demand is an economic principle that refers to a consumer's desire to purchase goods and willingness to pay a price.

What is a demand?

Your information is incomplete. Therefore, an overview of demand will be given. It should be noted that what a buyer pays for a unit of the specific good or service is the price while the total number of units purchased at that price is the quantity demanded.

Based on the information given, you can use the demand formula, Qd = x + yP, to find a demand line where Qd represents the number of goods demanded, x represents the quantity and P represents the price.

Learn more about demand on:

brainly.com/question/25585026