Question

A ________ function specifies the relationship between the demand for a product LaTeX: x and the price of the product LaTeX: p.

Answer 1

Price demand function

Explanation:

The price demand function is the function in which there is a relationship between the demand and the price of the product

The Price demand function is

`= Price * demand`

`= p * x`

hence, the price demand function represents that there is a relationship that lies between the demand and the price