Question2. The equation of the demand function is given by $P=170$ where $P$ is the price of 10 kg bag of sugar in kwacha. a) What is the slope of this demand function? Describe what this means. b) Plot the graph of this demand function.

Studdy Solution
Label the axes appropriately: $Q$ (Quantity) on the horizontal axis and $P$ (Price) on the vertical axis. The line at $P = 170$ indicates the demand function.
Solution: - The slope of the demand function is $0$, indicating that the price does not change with quantity. - The graph is a horizontal line at $P = 170$.