Determine the demand equation for the paint

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Question: In a local hardware store, the price of the store brand indoor house paint is $18 per gallon. The daily volume of sales is 30 gallons. The price elasticity of demand for the paint is estimated to be -3. Determine the demand equation for the paint assuming that it is linear. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132173611

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