• In economics, an inverse demand function is the mathematical relationship that expresses price as a function of quantity demanded (it is therefore also...
    6 KB (943 words) - 15:29, 26 February 2025
  • the MR function is one-half the value of that of the demand function, and the slope of the MR function is twice that of the inverse demand function. This...
    25 KB (3,771 words) - 22:46, 31 March 2025
  • Thumbnail for Demand curve
    A demand curve is a graph depicting the inverse demand function, a relationship between the price of a certain commodity (the y-axis) and the quantity...
    20 KB (2,664 words) - 15:57, 10 April 2025
  • Q = quantity sold, P(Q) = inverse demand function, and thereby the price at which Q can be sold given the existing demand C(Q) = total cost of producing...
    3 KB (488 words) - 14:00, 10 March 2025
  • Thumbnail for Supply and demand
    on price Elasticity Excess demand function Externality Guanzi (text) History of economic thought Inverse demand function Law of supply Neoclassical economics...
    36 KB (4,848 words) - 10:45, 26 May 2025
  • Thumbnail for Quantile function
    quantile function is also called the percentile function (after the percentile), percent-point function, inverse cumulative distribution function (after...
    17 KB (2,234 words) - 11:02, 11 June 2025
  • assume that price (inverse demand function) is linear and of the form p = a − b Q {\displaystyle p=a-bQ} . So, the inverse demand function can then be rewritten...
    28 KB (4,377 words) - 14:24, 2 June 2025
  • markets so demands are independent, and demand for good i is q i ( p i ) , {\displaystyle q_{i}\left(p_{i}\right),} with inverse demand function p i ( q...
    8 KB (1,321 words) - 13:31, 20 May 2025
  • Thumbnail for Law of demand
    microeconomics, the law of demand is a fundamental principle which states that there is an inverse relationship between price and quantity demanded. In other words...
    27 KB (3,763 words) - 02:05, 16 June 2025
  • revenue function: T R ( Q ) = P ( Q ) × Q {\displaystyle {\mathit {TR}}(Q)=P(Q)\times Q} , where Q is the quantity of output sold, and P(Q) is the inverse demand...
    6 KB (805 words) - 16:55, 20 June 2024
  • Thumbnail for Marginal revenue
    the revenue function to be R ( Q ) = P ( Q ) ⋅ Q , {\displaystyle R(Q)=P(Q)\cdot Q,} where Q is output and P(Q) is the inverse demand function of customers...
    21 KB (2,857 words) - 17:28, 31 May 2025
  • implicit function is an inverse function. Not all functions have a unique inverse function. If g is a function of x that has a unique inverse, then the...
    17 KB (2,204 words) - 03:08, 20 April 2025
  • Thumbnail for Monopoly price
    {\displaystyle P(Q)} = inverse demand function; the price at which Q {\displaystyle Q} can be sold given the existing demand C ( Q ) {\displaystyle C(Q)}...
    19 KB (2,453 words) - 10:31, 17 August 2024
  • Thumbnail for Profit (economics)
    Economic rent Economic value added Externality Incremental profit Inverse demand function Profit motive Profitability index Rate of profit Superprofit Surplus...
    23 KB (2,650 words) - 00:59, 10 May 2025
  • function, and then convert it to the equivalent inverse function using the relationship between the two given above. In this way the inverse function...
    21 KB (3,154 words) - 08:30, 13 August 2024
  • Thumbnail for Logarithm
    written logb x, so log10 1000 = 3. As a single-variable function, the logarithm to base b is the inverse of exponentiation with base b. The logarithm base 10...
    98 KB (11,674 words) - 05:46, 10 June 2025
  • Thumbnail for Continuous uniform distribution
    then the inverse transform of many integral transforms of this uniform function will yield back the function itself, rather than a function which is equal...
    28 KB (4,230 words) - 23:30, 5 April 2025
  • directly demand or derived demand. Producers have a derived demand for employees. The employees themselves do not appear in the employer's utility function; rather...
    5 KB (700 words) - 06:53, 28 January 2024
  • Thumbnail for Outline of marketing
    Transaction costs. Different types of demand functions include: Derived demand; Inverse demand function. Economic systems In Western economies, the capitalist...
    61 KB (6,003 words) - 03:00, 27 May 2025
  • functions List of integrals of irrational functions List of integrals of trigonometric functions List of integrals of inverse trigonometric functions...
    29 KB (5,610 words) - 14:00, 17 April 2025
  • the inverse demand function (price as a function of total quantity) is given by p ( x + y ) {\displaystyle p(x+y)} . Hence the profit function for the...
    22 KB (3,033 words) - 10:20, 17 October 2023
  • {\displaystyle P:\mathbb {R} _{+}\to \mathbb {R} _{+}} is the inverse demand function and c ≥ 0 {\displaystyle c\geq 0} is the constant marginal cost...
    42 KB (8,477 words) - 16:49, 1 March 2025
  • inelastic goods, because of the inverse nature of the relationship between price and quantity demanded (i.e., the law of demand), the two effects affect total...
    45 KB (5,859 words) - 04:49, 6 June 2025
  • Thumbnail for Cobb–Douglas production function
    case of the Gorman polar form. The expenditure function is the inverse of the indirect utility function:: 112  e ( p , u ) = ( 1 / K ) ∏ i = 1 n p i α...
    28 KB (4,871 words) - 18:37, 1 June 2025
  • w^{0}),\quad i=1,\dots ,n.} The indirect utility function is the inverse of the expenditure function when the prices are kept constant. I.e, for every...
    5 KB (858 words) - 19:06, 9 November 2024
  • that approximate the multivariate inverse function directly. Often they are based on polynomials or rational functions. For the Bachelier ("normal", as...
    15 KB (2,028 words) - 03:31, 26 May 2025
  • Thumbnail for Gamma function
    Pseudogamma function Hadamard's gamma function Inverse gamma function Lanczos approximation Multiple gamma function Multivariate gamma function p-adic gamma...
    90 KB (13,517 words) - 14:18, 9 June 2025
  • and C i {\displaystyle C_{i}} are, respectively, the inverse demand function and the cost function of firm i). This is an aggregative game since f i (...
    6 KB (923 words) - 22:49, 15 August 2023
  • p_{i}}}=x_{i}^{h}(p^{0},u^{0})} The expenditure function is the inverse of the indirect utility function when the prices are kept constant. I.e, for every...
    8 KB (1,627 words) - 02:54, 26 January 2025
  • Thumbnail for Inferior good
    the demand for which falls with increase in income of the consumer. So, there is an inverse relationship between income of the consumer and the demand for...
    13 KB (1,525 words) - 16:26, 30 March 2025