A company has found the monthly demand for one of its products varies inversely with the price. When the price is $12.75, the demand is 12,500 units....

A company has found the monthly demand for one of its products varies inversely with the price. When the price is $12.75, the demand is 12,500 units. Find the demand when the price is $9.50. Clearly state the K value, the equation and solve for the desired value.