Step 1 :The given price-demand equation is \(p+0.002x=50\).
Step 2 :We need to express the demand \(x\) as a function of the price \(p\).
Step 3 :To do this, we subtract \(p\) from both sides of the equation to get \(0.002x = 50 - p\).
Step 4 :Then, we divide both sides of the equation by \(0.002\) to isolate \(x\).
Step 5 :This gives us the function \(x = 25000 - 500p\).
Step 6 :So, the demand \(x\) as a function of the price \(p\) is \(x= \boxed{25000 - 500p}\).