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The Willingness of Saddle Producers to Supply Saddles Can Be

Question 11

Multiple Choice

The willingness of saddle producers to supply saddles can be modeled by the following function: The willingness of saddle producers to supply saddles can be modeled by the following function:   where saddles are sold for p thousand dollars. Find the producers' revenue when the market price is $7500. Round your answer to the nearest million dollars. A)  $84 million B)  $12 million C)  $3 million D)  $24 million E)  $90 million where saddles are sold for p thousand dollars. Find the producers' revenue when the market price is $7500. Round your answer to the nearest million dollars.


A) $84 million
B) $12 million
C) $3 million
D) $24 million
E) $90 million

Correct Answer:

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