The quantity supplied of a book per week is represented by the function: Qs + 70 + 1/2 P, At a price of N8.00, the quantity supplied is
-
A.
70 -
B.
74 -
C.
76 -
D.
86
Correct Answer: Option B
Explanation
Qs + 70 + 1/2 P,
when price is 8
Qs = 70 + (1/2 x 8)
Qs = 70 + 4
Qs = 74