2. You are given the following economic functions: Q_(1)=36-_(3)^1p_(i)

The given economic function is: This function represents the quantity demanded ( ) of a good as a function of its price ( ). The exponent indicates that the price is raised to the power of 3, which affects the quantity demanded.To understand this function better, let's break it down:- The constant term represents the quantity demanded when the price is zero.- The term shows how the quantity demanded changes with the price. Specifically, as the price increases, the quantity demanded decreases.In summary, this function suggests that the quantity demanded of the good decreases as the price increases, with the rate of decrease being influenced by the cubic power of the price.