Inverse demand function: Difference between revisions

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top: link to demand curve
top: the restriction is not needed. If someone wants to keep Marshall here (I do not think this is useful), note the Marshallian demand function
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:<math>P = f^{-1}(Q).</math>
 
The inverse demand function forms the [[demand curve]] part of the [[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.
 
==Definition==