Suppose that a manufacturer will place on the market 80 units of a product when the price is $10 per unit,and 100 units when the price is $12 per unit.Find the supply equation for the product assuming that price p and quantity q are linearly related.
A) p = q + 2
B) p = q + 10
C) p = - q + 12
D) p = 10q + 12
E) p = 10q - 988

Question

Suppose that a manufacturer will place on the market 80 units of a product when the price is $10 per unit,and 100 units when the price is $12 per unit.Find the supply equation for the product assuming that price p and quantity q are linearly related.
A) p = q + 2 
B) p = q + 10 
C) p = - q + 12 
D) p = 10q + 12 
E) p = 10q - 988

Quizplus · Accepted Answer

The Answer of Suppose that a manufacturer will place on the market 80 units of a product when the price is $10 per unit,and 100 units when the price is $12 per unit.Find the supply equation for the product assuming that price p and quantity q are linearly related.
A) p = q + 2 
B) p = q + 10 
C) p = - q + 12 
D) p = 10q + 12 
E) p = 10q - 988

Suppose That a Manufacturer Will Place on the Market 80