The quantity supplied of a book per week is represented by the function: Qs + 70 + 1/2 P, At a price of N8.00, the quantity supplied is
- 70
-
74
- 76
- 86
The correct answer is: B
Explanation
Qs + 70 + 1/2 P,
when price is 8
Qs = 70 + (1/2 x 8)
Qs = 70 + 4
Qs = 74