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Line 1: In [[economics]], an '''inverse demand function''' is the [[inverse function]] of a [[demand curve\|demand function]]. The inverse demand function views price as a function of quantity.<ref>{{Cite book~~\|url=https://www.worldcat.org/oclc/884922812~~\|title=Intermediate microeconomics : with calculus\|last=R.\|first=Varian, Hal\|~~publisher~~date = 7 April 2014\|~~year~~publisher=\|isbn=9780393123982\|edition= First\|___location=New York\|pages=115\|oclc=884922812}}</ref> Quantity demanded, ''Q'', is a function <math>f</math> (the demand function) of price; the inverse demand function treats price as a function of quantity demanded, and is also called the price function:<ref>Samuelson, W and Marks, S Managerial Economics 4th ed. page 35. Wiley 2003.</ref>

Inverse demand function: Difference between revisions