Word Count : 348

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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 demanded $Q_d$ decreases, and vice versa. --- 1. Intercept Analysis * When $P_x = 0$, $$ Q_d = 8000 - 1000(0) = 8000 $$ This means the maximum possible _______ _____ __________ __________ _______ ___ ________ ___ _______ ___.
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