The supply function for a pack of four Never Die Batteries is QS = (0)+ (6 million × P). If the company charged a price of $5 per package, how many packages will be supplied?

Name: The supply function for a pack of four Never Die Batteries is QS = (0)+ (6 million × P). If the company charged a price of $5 per package, how many packages will be supplied?
Brand: Quizplus
Rating: 4.9 (61 reviews)

Question

Quizplus · Accepted Answer

To find the quantity supplied, substitute $5 for P in the supply function: QS = (0) + (6 million × $5) = 30 million packages.

The Supply Function for a Pack of Four Never Die