Supply and Demand: Quantitative Analysis

3. The Market Forces of Supply and Demand / Supply and Demand: Quantitative Analysis / Problem 3

Problem 3

Rearrange the demand equation P = 600 - 5Q to solve for Q in terms of P.

Q = 5/(600 - P)

Q = 600 - 5P

Q = (P - 600)/5

Q = (600 - P)/5