Answer:
q = 5000/x + 6
Step-by-step explanation:
D´= dq/dx = - 5000/x²
dq = -( 5000/x²)*dx
Integrating on both sides of the equation we get:
q = -5000*∫ 1/x²) *dx
q = 5000/x + K in this equation x is the price per unit and q demanded quantity and K integration constant
If when 1006 units are demanded when the rice is 5 then
x = 5 and q = 1006
1006 = 5000/5 +K
1006 - 1000 = K
K = 6
Then the demand function is:
q = 5000/x + 6