Inverse demand function: Difference between revisions

Content deleted Content added
No edit summary
Tag: Reverted
LiuJiageng (talk | contribs)
m Undid revision 1040656248 by 24.224.141.97 (talk)
Line 4:
 
:<math>P = f^{-1}(Q).</math>
Legend:
P = Price
Q = Quantity
f =
 
 
The inverse demand function is the form of the demand function that appears in the famous [[Marshallian Scissors]] diagram. The function appears in this form because economists place the independent variable on the y-axis and the dependent variable on the x-axis.