Inverse Demand

[rbcc]

Hi,

I have a quick question. Given the following demand function, find the inverse demand.

q(p)=100-2p

so

q+2p=100
p=(100-q)/2

is that right?

thanks,
rbcc

 

[tkhunny]

What do you think? Can you prove it?

1) Given a 'p'
2) Calculate its related 'q'.
3) Use your alleged inverse to re-calculate the original 'p'.