(Solved): Consider the demand equation where x represents the quantity demanded in units of a thousand and p ...

Consider the demand equation where $$x$$ represents the quantity demanded in units of a thousand and $$p$$ is the unit price in dollars. $$p=\sqrt{16?x^2}$$ (a) Sketch the demand curve. (b) Determine the quantity demanded when the unit price is set at $$p=53$$. (Give your answer correct to the nearest fult unit.) Your answer cannot be understood or graded. More information units