The demand curve for a certain commodity is p = - .001q + 32.5. (a) At what

Question:

The demand curve for a certain commodity is p = - .001q + 32.5.
(a) At what price can 31,500 units of the commodity be sold?
(b) What quantities are so large that all units of the commodity cannot possibly be sold no matter how low the price?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

Question Posted: