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For the Supply Equation, Where X Represents the Quantity Supplied

Question 108

Multiple Choice

For the supply equation, where x represents the quantity supplied in units of 1,000 and p is the unit price in dollars, determine the number of units of the commodity the supplier will make available in the market at the given unit price. Please round your answer to the nearest unit. 3x - 5p + 30 = 0; p = 7


A) 1,567
B) 2,167
C) 1,667
D) 1,367

Correct Answer:

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