Multiple Choice
The supply equation for a certain brand of radio is given by , where p is expressed in dollars/bushel and x, the quantity demanded each year, is measured in billions of bushels. The economists are forecasting a harvest of 1.8 billion bushels for the year, with a maximum error of 15% in their forecast. Determine the corresponding maximum error in the predicted price per bushel of soybeans. Round the answer to the nearest percent.
A)
B)
C)
D)
E)
Correct Answer:

Verified
Correct Answer:
Verified
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