Question 11
MediumOriginal questionA demand schedule is given.
| Price (₹) | 5 | 4 | 3 | 2 | 1 |
|---|---|---|---|---|---|
| Quantity demanded | 10 | 15 | 20 | 25 | 30 |
Which equation describes it?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
Each ₹1 fall in price raises quantity by 5, so the coefficient of P is −5.
At P = 5, Q = 10: 10 = a − 25, so a = 35. Check at P = 1: 35 − 5 = 30.
- Concept
- Equation from a schedule
- Typical timeTypical
- 70 s
- Your timeYours
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