The annual demand (in millions) for baseballs is given by the equation: Demand = 10 * (4-price). If the price of baseballs is $1.50, what is the demand for baseballs?

Question

Quizplus · Accepted Answer

To find the demand for baseballs, we need to substitute the given price into the demand equation:

Demand = 10 * (4-price)
Demand = 10 * (4-1.5)
Demand = 10 * 2.5
Demand = 25 million

Therefore, the demand for baseballs when the price is $1.50 is 25 million, which is option C.

The Annual Demand (In Millions) for Baseballs Is Given by the Equation