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A firm knows that demand function for it...

A firm knows that demand function for its main product is linear. It also knows that it can sell 3000 units at ₹ 5 per unit and it can sell 1200 units when price is ₹ 11 per unit. Find the demand function.

Text Solution

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The correct Answer is:
`p = (1)/( 300) x + 15`
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