Inverse demand function: Difference between revisions

Revision as of 01:28, 2 October 2009

Revision as of 18:01, 2 October 2009

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{{Orphan|date=August 2008}}

In [[economics]], an '''inverse demand function''' is a function that maps the quantity of output demanded to the market price (dependent variable) for that output. Quantity demanded, Q, is a function of price; the inverse demand function treats price as a function of quantity demanded, and is also called the price function{{Citation needed|date=September 2009}}.

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==See also==

[[Supply and demand]]

[[Marginal Revenue]]

[[Category:Mathematical finance]]