1. A demand function for cellular telephones is given by:

= 390-4

+ 0. 015 income + 2. 2
e-0. 55

. At current average prices, a cellphone costs $100, a landline costs $60, and wireless service costs $40. Average income is $20,000. The price of cellular telephones as a function of quantity demanded (QD) is most accuratelydescribed as: