Demand for a good is given by Q = 25 - 5P, where Q is quantity demanded and P is price. Representing this on a graph with Q on the x-axis and P on the y-axis, which of the following statements is TRUE: The y-intercept occurs where Q =25 The y-intercept occurs where P = 5 the x-intercept occurs where Q = 5 None of these the x-intercept occurs where P = 25