If the quantity of nail polish supplied is represented by the equation Q_S = -3 + 2P then the corresponding price of nail polish is represented by the equation A)P = 0.5Q_S + 1.5. B)P = 2Q_S + 6. C)P = 2Q_S - 6. D)P = 1.5 - 0.5Q_S.

Question

Quizplus · Accepted Answer

To find the corresponding price equation, solve the given supply equation for P. Rearranging Q_S = -3 + 2P to solve for P gives P = 0.5Q_S + 1.5.

If the Quantity of Nail Polish Supplied Is Represented by the Equation