Assume That the Demand Function for Tuna in a Small

Multiple Choice

Assume that the demand function for tuna in a small coastal town is given by where p is the price (in dollars) per pound of tuna and q is the number of pounds of tuna that can be sold at the price p in 1 month. Calculate the price that the town s fishery should charge for tuna in order to produce a demand of 625 pounds of tuna per month.

A) $1
B) $32
C) $1,200
D) $800
E) $2