Solved

Suppose the Price P of Bolts Is Related to the Quantity

Question 85

Multiple Choice

Suppose the price p of bolts is related to the quantity q that is demanded by: p=550−4q2p = 550 - 4 q ^ { 2 } where q is measured in hundreds of bolts. Find the price when the number of bolts demanded is 800.


A) $309
B) $314
C) $294
D) $304

Correct Answer:

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