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Demand & Its Determinants · Question 5 of 66

In the graph, the demand curve is Qd = 60 − 5P.

Question 5

MediumOriginal question

In the graph, the demand curve is Qd = 60 − 5P. What quantity is demanded at a price of ₹10?

A demand curve D, Qd = 60 − 5P: point A at price ₹8 and quantity 20, point B at price ₹4 and quantity 40.
Options for question 5

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Qd = 60 − 5 × 10 = 60 − 50 = 10.

Concept
Reading a demand function
Typical time
70 s
Your time
—
The rule this testsThe demand schedule, curve and law
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