Rewrite the demand function and the inverse demand function in terms of each other.
Author: shiroeExecutions: 184
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Q represents quantity, and P represents price (amount). (D and X are also commonly used instead of Q.)
The form of the demand function before algebraic manipulation is Q = n + mQ.
The form of the inverse demand function before algebraic manipulation is P = N + MQ.
Please be careful to enter negative signs correctly.
If you wish to perform the algebraic manipulation on only the demand function or only the inverse demand function,
change the default values for only one of the functions and refer to the output.
The demand curve commonly used in economics is a linear equation here, so it is a straight line sloping downward to the right
and passes through the first quadrant.Both the y-intercept (P) and the x-intercept (Q) are positive values.
Input restrictions are in place with this in mind. If any input requires verification, a “1” will be displayed in the output field.
In this case, please double-check your input values (e.g., sign errors, missing negative signs, or entering zero).
Depending on the textbook or problem, the inverse demand function may simply be referred to as the demand function.
Please pay attention to whether the form is “Q = ~” or “P = ~” when entering your values.
The form of the demand function before algebraic manipulation is Q = n + mQ.
The form of the inverse demand function before algebraic manipulation is P = N + MQ.
Please be careful to enter negative signs correctly.
If you wish to perform the algebraic manipulation on only the demand function or only the inverse demand function,
change the default values for only one of the functions and refer to the output.
The demand curve commonly used in economics is a linear equation here, so it is a straight line sloping downward to the right
and passes through the first quadrant.Both the y-intercept (P) and the x-intercept (Q) are positive values.
Input restrictions are in place with this in mind. If any input requires verification, a “1” will be displayed in the output field.
In this case, please double-check your input values (e.g., sign errors, missing negative signs, or entering zero).
Depending on the textbook or problem, the inverse demand function may simply be referred to as the demand function.
Please pay attention to whether the form is “Q = ~” or “P = ~” when entering your values.
| Constant term of the transformed inverse demand function | The coefficient of Q in the transformed inverse demand function |
| Constant term of the transformed demand function | The coefficient of P in the transformed demand function |
| Input validation m | Displays "1" when input values need to be verified (blank when normal) |
| Input validation n | Displays "1" when input values need to be verified (blank when normal) |
| Input Validation M | Displays "1" when input values need to be verified (blank when normal) |
| Input Validation N | Displays "1" when input values need to be verified (blank when normal) |
R5 (2023). 12/31 (Sun) _Equation Manipulation_ Ver. 001
Demand function → Inverse demand function
Inverse demand function → Demand function
Demand function → Inverse demand function
Inverse demand function → Demand function
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It transforms the demand function “Q = ~” into “P = ~” and
the inverse demand function “P = ~” into “Q = ~,” then displays the results.
This tool handles linear equations.