Home ยป Which of the following is a demand function? Demand and Supply MCQs Which of the following is a demand function? September 27, 2022 7 Views Q. Which of the following is a demand function? Q + 4P = 20Q = 35 + 3PQ – 2P – 15 = 05P – Q = 4 Answer: Q + 4P = 20
The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to