If the supply function for a product is given by p = 200(2 q ), where q

Question:

If the supply function for a product is given by p = 200(2q), where q represents the number of hundreds of units, what will be the price when the producers are willing to supply 500 units?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: