Question

 

?? = 8000 − 1000?x

18 Jul 2025
Answer :
Word Count : 348
The given equation appears to be a demand function: $$ Q_d = 8000 - 1000P_x $$ Where: * $Q_d$ = Quantity demanded of commodity $x$ * $P_x$ = Price of commodity $x$ This function expresses an inverse relationship between price and quantity demanded, which is consistent with the Law of Demand. As the price $P_x$ increases, the quantity ____ _______ ____ ______ ______ _________ ________ __________ _______ ____ _____.
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