Question #255967

1)     Suppose that the market demand for Blue band is a straight line of the form Q = 300-50p where Q is the quantity bought in thousands of boxes per week and P is the price per box in. 


Expert's answer

When,P=0When, P = 0

Q=30050(0)Q= 300-50(0)

Q=3000=300Q= 300-0= 300


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

LATEST TUTORIALS
APPROVED BY CLIENTS