Marli Name Meaning. The meaning of Marli is âVariation: Marley; Derivative: From the name MARILYNâ. Keep in mind that many names may have different meanings in other countries and languages, so be careful that the name that you choose doesnât mean something bad or unpleasant.arli Name Meaning. The meaning of Marli is âVariation: Marley; Derivative: From the name MARILYNâ. Keep in mind that many names may have different meanings in other countries and languages, so be careful that the name that you choose doesnât mean something bad or unpleasant.
That is, quantity demanded is a function of price. The inverse demand equation, or price equation, treats price as a function g of quantity demanded: P = f(Q). To compute the inverse demand equation, simply solve for P from the demand equation.
Economic value is the maximum amount a consumer is willing to pay for an item in a free market economy or the amount of time an individual will sacrifice waiting to obtain a government-rationed good in a socialist economy. In contrast, market value represents the minimum amount a consumer will pay. Economic value thus often exceeds market value.