An Economist Models the Market for Rice by the Following

Multiple Choice

An economist models the market for rice by the following equations. Let p represent the price per bushel (in dollars) and y represent the number of bushels produced and sold (in millions) . Use the model for demand to determine at what point is the price so high that no rice is sold.

A) When the price of rice is $8.42 per bushel.
B) When the price of rice is $0.32 per bushel.
C) When the price of rice is $221.58 per bushel.
D) When the price of rice is $0.04 per bushel.
E) When the price of rice is $5.32 per bushel.