If we rule out perverse demand (price-quantity) relationship, as is shown by the Giffen example, we can speak of the inverse demand function. Such a demand function treats price as a function of quantity, i.e., what p1 would have to be, at each level of demand of x1 in order for the consumer to choose […]
The Inverse Demand Function (With Diagram) | Microeconomics
Article shared by : 
The Inverse Demand Function: Direct and Indirect | Microeconomics
Article shared by :
There are two alternative ways of presenting the aggregate demand function: (i) As expressing quantity as a function of price or (ii) As expressing price as a function of quantity. If we adopt the second approach we arrive at the inverse demand function, P(X), which measures what p1 would have to be for x1 units […]